With its abundance of tech talent, favourable regulatory environments, and growing demand for digital financial solutions, the region is well-positioned to become a...
Tag - Bank of Lithuania
Emerging Europe’s start-up scene is thriving: new money and new ideas are coming onto the market all the time. To keep you up to date with the latest investments...
Lithuania’s many crowdfunding platforms are used to regulation: it gives them a ‘significant advantage’ as the EU opens the industry up. Earlier this...
Central Europe Poland’s Łódź region has announced that the European Union’s most polluting coal plant, Bełchatów, will close by 2036 and its mines by 2038. The news is...
Lithuania makes it easy for fintech innovators to set up shop in the country. The secret is close collaboration between government, the national bank, and private firms...
Coronavirus has had an immense impact on a range of industries, of which the digital banking sector is not the least. However, in parallel with the difficulties it has...
Bulgaria’s finance ministry has announced plans to launch the first regulatory technology (regtech) sandbox in the Balkans. Vladislav Goranov, the country’s...
Lithuania is home to the fastest growing fintech sector in the European Union, and the second fastest growing in Europe, behind only the UK. A study carried out by...
It’s now more than a year since the Bank of Lithuania became the first in the region to launch a regulatory sandbox, a fintech-conducive regulatory and supervisory...
The Bank of Lithuania has long been a pioneer in fintech development, and its regulatory innovations have proven to be an important factor in Lithuania’s emergence...
Swiss FinTech company Sonect, the location-based matchmaking platform, has obtained an Electronic Money Institution (EMI) licence from the Bank of Lithuania. The licence...
A combination of talent, low taxation and regulation which encourages innovation have made Lithuania a world class FinTech hub.
