Israel’s Simplex Payment Services to develop payment platform in Lithuania

Simplex, an Israeli financial technology (fintech) and cybersecurity start-up, has chosen Lithuania ahead of the likes of Luxembourg, Cyprus and the UK as the location for its new global supervision and sales team. The company plans to employ around 20 experts in sales, support, Fraud analysis, marketing, information technologies, data analytics, quality supervision and finance in the coming couple of years, Invest Lithuania announced in a press release. […]

Lithuania's students studying in the UK
Global LT

Thousands of talented Lithuanians spread across the world – how to bring them back

For a decade we have heard repeated stories of foreign companies entering Lithuania and successfully establishing their branches here, but this could become a rarer sight if the country’s demographic crisis is not stymied. […]

Israeli flag
Foreign affairs

Lithuania condemns kidnap, murder of Israeli teenagers, calls for de-escalation

Lithuania’s Ministry of Foreign Affairs on Tuesday condemned the kidnap and murder of Israeli teenagers and also called on the Israeli government and the Palestinians to refrain from actions that might increase tension in the region. […]