Several experts have argued that the new bank tax - the Solidarity Tax - will discourage foreign investment. However, the…
Several months have passed since the Bank of Lithuania's last forecasts. The latest one, presented by the steward of the…
Lithuania's gross domestic product (GDP) has been declining for two consecutive quarters. When this happens, the country is considered to…
As industry and government come together to determine a new regulatory framework for Lithuanian fintech, Airidas Puodziunas, General Manager, Contis…
ArcaPay UAB, the subsidiary of ArcaPay Ltd, a UK-based and FCA regulated cross-border payments platform, has been granted a Payment…
What are the global FinTech trends in 2021 since the sector has faced multiple challenges in the last year. Like…
On the proposal of the Bank of Lithuania, the European Central Bank (ECB) has issued a specialised bank licence to…
A few weeks ago, some of the participants at the new cabinet’s meeting must have been overtaken by a sense…
In 2008, with the onset of the financial crisis and tightening of lending rules by conventional banks, access to funding,…
On the News radio (“Žinių radijas”) show, Lithuania‘s bank board‘s director Vitas Vasiliauskas said that whilst the world economic scenario…
In recent years, not only employee wages but also business owners’ profits have been rising. And increasing profits do not…
The ruling majority and Seimas Budget and Finance Committee (BFK) chairman Stasys Jakeliūnas, who is leading them into battle against…
The Swedish Chamber of Commerce in Lithuania in partnership with law firm TGS Baltic and the Embassy of Sweden in…
Sonect, the location-based matchmaking platform that connects people who have cash with people who need cash, has obtained its Electronic…
As Lithuanians are getting ready to vote for their next President on May 12, the race is intensifying between the…
Political investigations in Lithuania [...]
The Bank of Lithuania reports that Swedbank clients are receiving false text messages about how Swedbank will supposedly cease operations…
The LBChain project has garnered significant attention among European FinTech companies: with 21 registrations from countries such as Belgium, Poland,…
The Bank of Lithuania will provide assistance to the Swedish and Estonian financial supervisory authorities in the investigation of recent…
2018 was another hugely successful year for Fintech in Lithuania and saw the country cement its status as one of…