Lithuanian fintech SH Payments picks Nano as new core system
Baltic Amber Systems beat “several” competitors to the deal.
Lithuania
SumUp acquires Lithuanian core banking firm Paysolut
SumUp continues its acquisitive spree, buying its fourth firm since 2018.
Lithuanian paytech kevin. raises €1.5m in seed funding
Lithuanian firm plans availability across Europe by Q4 2021.
European Investment Bank invests $80m in Lithuania’s SME Finance
The firm is charged with backing Baltic enterprises through the COVID-19 pandemic.
Bank of Lithuania calls for parity in EU digitalisation
Lithuanian central bank wants a more unified approach to innovation in the EU.
Web browser Opera to buy digital challenger Fjord Bank
In December 2019, the digital challenger landed a specialised bank licence.
Lithuania’s central bank launches e-shop for digital collector coins
Some 4,000 digital LBCOINs will go on sale via the bank’s e-shop from 23 July.
Baltic bank Luminor signs on FA Solutions to simplify cross-border ops
Luminor has been working on centralising its IT systems.
OP Financial chooses Finnish fintech Enfuce for turn-key PSD2 services
The services will help develop APIs alongside evolving regulations.
Revolut launches deposit-insured bank in Lithuania
Revolut says it also plans to roll out consumer lending services to the region.
Bank of Lithuania opens up reporting API tests to three local fintechs
ConnectPay, Interpaylink and Paysolut will all be part of the regtech sandbox.
Why has Lithuania become a key destination for licensing in Europe?
As part of its newly devised strategy, Lithuania put several tools in place.
Bank of Lithuania pits IBM against Tieto for new blockchain project
Two technology firms go head to head in final sandbox stage.
How to thrive in an ever changing market, a conversation with the COO of Qualco
Spyros Retzekas, COO at Qualco says agility is the key.
Thought Machine deploys Vault core platform at SEB innovation hub
SEB’s studio set to experiment with cloud-based core system
Lithuania seeks to attract more fintech firms
Thought leaders in Vilnius wish to increase their C-suite intake.
EBRD partners with Swedbank to boost Lithuanian start-ups
The new innovation hub will focus on fintechs.
Evarvest prepares new type of stock trading app
Inspired by social media apps, for ease of use.
Swedbank to acquire Vilnius’ Barclays Operations Centre in Lithuania
Banks are planning to complete this transaction by 1 July 2019.
Europe’s dance of fintech hubs
As a strong and united ecosystem, the European fintech scene can finally discover its true potential.
Ibanera signs for iSignthis banking and payment tech
iSignthis’ subsidiaries Probanx and BSS will provide CorePlus and CoreConnect systems.
Factris has X factor for Lithuanian expansion
Its investment plans follow on from Debifo acquisition last month.
iSignthis muscles into Lithuania’s paytech space with BBS acquisition
iSignthis will pay €150,000 upfront for BBS (half in cash and half in issued shares) and then a further earn-out fee.
Announcing Genome beta launch at White Nights Berlin 2019
Genome opens for public beta in Berlin on 12 February 2019 introducing a unified finance ecosystem like no other.
Licence lust lets Lithuania’s fintech sector soar
Sector expanded by 45% in 2018 as Google and Revolut were awarded licences.
Factris acquires Lithuanian lendtech Debifo
As it makes its way through Europe.
Google gets e-money licence in Lithuania
The Bank of Lithuania keeps boosting its fintech ecosystem.
