ArcaPay granted a payment institution licence in the EU

ArcaPay UAB, the subsidiary of ArcaPay Ltd, a UK-based and FCA regulated cross-border payments platform, has been granted a Payment Institution licence by the Bank of Lithuania. The company, founded in London in 2011, is […]

Bank of Lithuania chief Vitas Vasiliauskas

Vasiliauskas: ambiguous signs emerge in Lithuania

On the News radio (“Žinių radijas”) show, Lithuania‘s bank board‘s director Vitas Vasiliauskas said that whilst the world economic scenario is being portrayed dramatically in Lithuania, the visible signs of ambiguity are preventing from making […]

Dr. Agnia Grigas

Will Lithuania elect its first new generation president?

As Lithuanians are getting ready to vote for their next President on May 12, the race is intensifying between the three leading candidates Ingrida Šimonytė, Gitanas Nausėda, and Saulius Skvernelis. Ms. Šimonytė has taken the […]


Lithuania’s Fintech sector grows 45% in 2018

2018 was another hugely successful year for Fintech in Lithuania and saw the country cement its status as one of Europe’s leading Fintech hubs. The sector expanded by 45% and saw big names in the industry like Revolut and Google receive licences from the Bank of Lithuania. […]