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Top Sport sanctioned over poor payment practices by Lithuania’s Gambling Authority 

Sports betting firm Top Sport has been issued a €15,000 penalty by Lithuania’s Gambling Supervisory Authority over payments-related breaches.  The penalty was given after the...

How Lithuania has become a hotbed for fintech innovation and growth

The North-East European country of Lithuania is home to just shy of 2.8m people, but what has emerged from this relatively small country is...

Lithuania ends domiciled requirements for remote operators

The Seimas of Lithuania is continuing its reformation of the Baltic state’s gambling laws, approving new amendments to the national Gambling Law and the...

Revolut strengthens Lithuanian footprint with licence expansion

Off the back of the proposal of the Bank of Lithuania, Revolut, has been granted a banking licence in the region by the European...

A.ID strengthens global compliance capabilities through collaboration with iDenfy

US and Lithuania-based compliance specialists, A.ID, has strengthened its global presence through a new collaboration with identity verification and proxy detection service provider iDenfy.  The...

ArcaPay continues post-Brexit strategy with Lithuanian expansion

UK-based and FCA-regulated cross-border payments platform ArcaPay has continued the expansion of its offering as the firm landed a Payment Institution license by the...

Fintech FINCI unites with Temenos for cloud-native tech

Lithuanian fintech, FINCI, has announced a new collaboration with Temenos, to utilise the firm’s payments tech on cloud-native technology. It will also utilise Temenos Transact...

Curve secures post-Brexit efficiency with Lithuania expansion

Ensuring it can continue serving customers across the EEA following the Brexit transition period, Banking platform Curve has announced the establishment of a subsidiary...

Fintech sector helps combat COVID-19 crisis in Lithuania

FFollowing extensive preparations for the COVID-19 pandemic, the Lithuanian fintech sector is playing a pivotal role in the country’s economic recovery. It comes as the...

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