Lithuania

Fintech & Ecommerce

Lithuanian Supermarket Chain Opens Another Contactless Store

The AI-powered sensor and camera-based technology at the IKI Express 24/7 contactless store on Vilnius’ White Bridge enables customers to shop with a few taps

News

Saldo Bank launches in Lithuania

Finland-based fintech Saldo Bank, focused on automated credit solutions, has introduced term deposits services along with loans for consumers and SMEs across Lithuania

News

Finora Bank Partners iDenfy to Automate Compliance

B2B financial service provider Finora Bank has partnered with AI-enabled fraud prevention and identity verification firm iDenfy to automate customer due diligence

Articles

Best countries where you can develop your fintech career

Here are the best countries to develop your fintech career in

News

The Lithuanian government has approved a bill to tighten regulation of the cryptocurrency

The document provides that since February 1, 2023, operators of cryptocurrency exchanges will be publicly represented in the register of legal entities.

Countries

Ripple unveiled its first customer in Lithuania

Ripple has announced a partnership with FINCI, the Lithuanian online international money transfer provider. They aim to deliver instant and cost-effective retail remittances and B2B payments via RippleNet’s On-Demand Liquidity, which leverages XRP for crypto-enabled cross border payments. FINCI is Ripple’s first customer in Lithuania and the partnership represents the opening up of a new […]

Countries

Record number of European consumers abandon financial apps during onboarding

The report is based on a survey of 7600 consumers across Europe including Belgium, Denmark, Estonia, Finland, France, Germany, Lithuania, the Netherlands, Norway, Poland, Spain, Sweden, the UK, and Ukraine

Finance & Economics

Genome waives fees for Ukrainians

Genome, an Electronic Money Institution licensed and supervised by the Central Bank of Lithuania, waives its fees for Ukrainian citizens in order to help them open EUR accounts. This means that Ukrainians will no longer have today an opening fee and all transfers will have a temporary 6-month discount period. For more details, Genome created […]

Articles

Which European countries don’t use the euro?

Do you know how many countries use the euro? Do you know which European countries have retained their own currency?

Countries

Stripe Issuing service is now available in Europe

Stripe Issuing is giving businesses more control over how they spend their money

Finance & Economics

Europol busted major investment fraud network

Investigators estimated that the network has defrauded its German victims of a total of €1.5 million

Finance & Economics

Number of payment transactions in Lithuania tripled during 2020

Electronic money institutions and electronic payment institutions comprise a significant share of Lithuania’s fintech sector

News

Estonian postal company expands its network in Baltic states

The expansion concerns all of the 3 Baltic states, as parcel volumes have grown even more rapidly in Latvia and Lithuania

News

Top 10 crypto-friendly cities in the world

Today, we’ll describe the main global hotspots where crypto-enthusiasts should feel at home