Payments infrastructure start-up Kevin reportedly declared insolvent by court in Lithuania
Regional news outlet 15min reports that the court has now opened up a bankruptcy case.
Regional news outlet 15min reports that the court has now opened up a bankruptcy case.
The central bank alleges that the fintech is “almost four months late” in submitting its audited annual accounts.
The new offering is a unified payment infrastructure enabling account-to-account (A2A) payments across the Baltics.
The funding will be used to double the size of its team and develop new products.
Another collection of funding rounds and raises from all over the world you might have missed.
Lithuanian firm plans availability across Europe by Q4 2021.
Kevin, Traity’s new chatbot, provides micro-insurance for P2P transactions online. Created in collaboration with Australia’s financial services conglomerate, Suncorp, Kevin protects buyers on online marketplaces such as Gumtree, Facebook and Craigslist.