Ramūnas Vilpišauskas
Economy

Crisis management: aim high, act fast and keep the lights on

A few weeks ago, some of the participants at the new cabinet’s meeting must have been overtaken by a sense of déjà vu. It was a similarly urgent meeting in the weekend that the previous […]

Attentive audience at the Future of Bank and Finance Photo © Ludo Segers @ The Lithuania Tribune
Economy

Swedish Chamber of Commerce hosted the Future of Bank and Finance

The Swedish Chamber of Commerce in Lithuania in partnership with law firm TGS Baltic and the Embassy of Sweden in Vilnius for the 6th time brought together about 100 banking and finance experts, regulators and […]

FinTech
Economy

FinTech companies showed avid interest in the LBChain project

The LBChain project has garnered significant attention among European FinTech companies: with 21 registrations from countries such as Belgium, Poland, Lithuania, the Netherlands, Finland, Serbia and Sweden, no more than 6 applicants will be deemed eligible to move forward. […]

Blockchain Centre Vilnius CEO Justas Šireika
Economy

Blockchain Centre Vilnius to be headed by Justas Šireika

Technology companies from 14 countries around the world, including Australia, China, Canada, Switzerland and others have established partnership with Blockchain Centre Vilnius (BCV), which was founded just a year ago. In an annual event hosted by the centre on January 23, blockchain technology experts from the World Trade Organisation, European Commission and Parliament, as well as Lithuanian institutions gathered to discuss the application of blockchain technology in international trade. During the event, Justas Šireika was introduced: he will be taking charge of the BCV, as well as a new start-up financing fund, according to a Blockchain Centre Vilnius press release. […]

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CORPORATE

M. Laurinavičius: Revolut is involved with the Kremlin from beginning to end

A month ago, Lithuania was the first country in Europe to grant a specialised banking license to the company Revolut, which caused member of Seimas Stasys Jakeliūnas suspicions. The MP contacted the Financial Crime Investigation Service (FNTT) and State Security Department (VSD), asking them to check the financial company’s business model and links to Russian politicians, lrt.lt writes. […]

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Economy

Icelandic payment entrepreneurs establish HQ in Vilnius

Paystra, a fintech company founded and financed by Icelandic payments experts, providing payment services, is establishing its headquarters in Vilnius, Lithuania, and plans to build a team of 30 professionals over the next two years. The company, led by two payment market veterans, will develop and deploy state-of-the-art electronic payment solutions for European merchants, a press release from Invest Lithuania states. […]