The exclusive interview series from the Fintech Landscape in Lithuania 2021-2022 Report continues. Tadas Češkevičius, Country Manager at Yapily Lithuania discusses the key criteria when choosing a new licensing jurisdiction, continuous growth of the Yapily …
“NanoAvionics produces satellites for governments, space agencies as well as private companies in the US, the UK, the UAE, France, Chile, Singapore, Mexico, Norway, and other countries around the globe, establishing itself as a market leader in the small …
According to Aušrinė Armonaitė, Lithuanian Minister of the Economy and Innovation, XREX entering the Lithuanian market represents an important step forward in strengthening ties with Taiwan. “I am sure that our innovation-fueled, rapidly developing fintech …
PAYSTRAX provides Visa and Mastercard acquiring services for POS terminals, online, mobile and other electronic payment systems, creating customised solutions and add-ons tailored to the specific needs of users. Most of the company’s clients come from the …
Lithuania’s abundance of talent was also considered an advantage when the decision to pursue transformation was taken. Many profesionalas are ambitious and goal-oriented. Furthermore, their English proficiency allows them to effortlessly integrate into the …
Welcome back to the exclusive interview series from the Fintech Landscape in Lithuania 2021-2022 Report. In our third installment, Rolandas Juteika, CEO of Revolut Securities, talks about Rovolut’s recent financial broker’s license, Lithuania as a …
Shift4 made headlines in 2021 September when the founder and CEO of Shift4, Jared Isaacman, brought a Lithuanian flag onto the first civilian space mission, “Inspiration4 “. It led to two national records: the largest Lithuanian flag in space and the …
Ryanair announced that FRC LT, a Ryanair Group company, has won the land-lease tender for a plot at Kaunas Airport for the next 40 years. Construction works of the new facility are set to begin in Q4 of 2022, with the start of aircraft maintenance …
Welcome back to the exclusive interview series from the Fintech Landscape in Lithuania 2021-2022 Report. In our second installment, Daumantas Dvilinskas, the Founder and CEO of TransferGo, covers the prospects of Lithuanian fintech startups, as well as the …
This article was originally published on Focus on Business Author: Kasparas Butkus, Investment Advisor | GBS & ICT Standing for Environmental, Social, and Governance factors, ESG is a framework that covers a wide range of sustainability issues …
In addition to hiring, Raydiant’s expansion will also introduce their advanced in-location experience technology — designed to elevate the customer’s in-store experience for improved revenue and repeat business — to the European marketplace. This move will …
Amina Technologies, a UK-based loudspeaker developer and manufacturer, has announced plans to establish an R&D centre in Kaunas through its Lithuanian sister company, The Invisible Loudspeaker Company. The company plans to hire up to to 20 specialists …
Over the next few weeks, we’ll be sharing in-depth insights from key players in Lithuania’s Fintech sector in a series of exclusive interviews from the Fintech Landscape in Lithuania 2021-2022 Report. In our first instalment, Tadas Vizgirda, Managing …
With well-established brands expanding and newcomers choosing Lithuania for their operations – fintechs have generated more than 500 million EUR in revenue in 2021. That shows an increase of over 25% compared to 2020. Ecosystem diversifies While payments …
The original article appeared on www.lithuania.lt The 29th of March marks 18 years since Lithuania’s accession to the North Atlantic Treaty Organization (NATO), the world’s largest military alliance. Joining NATO in 2004, Lithuania became a staunch and …
This year, Lithuanian representatives took home eight prizes at the CEE Business Services Awards 2022, which is a step up from the previous highest result of seven awards in 2020. Vilnius was recognized as the Most Dynamically Developing City in Central …
Fintech innovator Woolsocks has announced plans to expand its team in Vilnius ahead of launching its finance management app in key European markets. The company seeks to strengthen its software development, operations and compliance capacities. Woolsocks …
TGW Logistics Group, a global logistics automation systems provider, has announced expanding its Centre of Excellence for engineering and IT services in Kaunas, Lithuania. Established in 2017, the centre already contributes to the company’s projects across …
“Supportive regulatory policy with an emphasis on innovation, as well as focus on developing a highly-skilled talent pool, makes Lithuania a strong location for fintech investment. It’s great to see innovators like Fundvest recognize the country as a …
To support pandemic-related demands, a number of new roles and functions have been instituted at AmerisourceBergen’s GBS centre in Vilnius, including a Customer Service Control Centre that coordinates the distribution of Covid-19 vaccines as well as other …
