NEO Finance, a Lithuania-based peer-to-peer lending platform, has successfully secured its initial €200,000 equity crowdfunding target on Seedrs. The campaign was launched last month and has attracted nearly 340 investors so far. As previously reported, NEO Finance was founded in 2015 and claims to be the largest… Read More
DESICO, a company that is building a security token platform, launched its own security token offering (STO) this week. As was previously announced, DESICO is issuing the STO under EU law. Operating in both Paris and Vilnius, Lithuania, DESICO is said to be compliant with… Read More
NEO Finance, a Lithuania-based peer-to-peer lending platform, is now seeking €200,000 through UK’s equity crowdfunding platform, Seedrs. Founded in 2015, NEO Finance claims to be the largest P2P lending platform in Lithuania and is operating under the name, Paskolų klubas. The lender noted it offers investors… Read More
DESICO, a platform designed issue and trade tokenized securities that says it is in full compliance with the law, will issue its own security token offering (STO). The “DESI” tokens will be issued under EU law as DESICO is based in both Paris and Vilnius. DESICO… Read More
DESICO, based in Paris and in Vilnius, wants to join the growing group of platforms seeking to issue and trade security tokens. DESICO is also issuing its own “DESI Token” as part of its platform. Even while the initial coin offering (ICO) market stumbles, security… Read More
Fintech Orca has signed a partnership with MisterTango. Orca wants to be a bridge between crypto and traditional finance or “one app to build your own bank.” MisterTango is a payments platform. The agreement enables ORCA to have the ability to develop solutions for SEPA payment account… Read More
Lithuania has published a set of guidelines seeking to provide greater clarity for cryptocurrencies and initial coin offerings (ICOs). Vilius Šapoka, the Lithuanian Minister of Finance, wrote that his country has seen an ” explosion of ICOs and blockchain based projects.” This explosion has created… Read More
Lithuania has announced the creation of “Virtual Limited Liability Companies” (VLLCs). These companies would be registered and managed all using blockchain technology. The Baltic country expects to be the first country to offer this type of service and it expects to allow VLLCs as soon… Read More
Progressive fashion line United Colors of Benetton in Lithuania has officially started accepting cryptocurrencies via CopPay, a Lithuanian-based multiсryptocurrency payment platform for businesses, consumers and community. CopPay’s international payment processing system aims to help store owners avoid losses due to the volatility of the exchange rate… Read More
This week, Invest Lithuania released the Lithuania Fintech Report 2017, which revealed that a total of 117 fintech companies were operating in the country in 2017, with 35 of them being registered last year. According to Invest Lithuania, which is the co-author of the new report, the reasons… Read More
LATTICE80 and Lithuania’s Agency for Science, Innovation and Technology (MITA) have parnered up on startup incubation. The largest Fintech hub in the world will help Lithuania accelerate growth of Fintech including AI, Blockchain and Cyber security. partner on startup incubation MITA was established on in… Read More
Two main topics of the 6th Annual Convention of the European Crowdfunding Network (ECN) on October 19th and 20th were technology innovation and cross-border finance. The discussions showed that alternative finance has only scratched the surface of its technological innovation’s potential ‒ the potential to… Read More
Lithuanian digital fintech solution platform, Bankera, announced on Tuesday it is planning to launch an upcoming pre-ICO round. The presale will reportedly take place on SpectroCoin. Launched earlier this year, the company, which calls itself a bank for the blockchain era, states its services include the following: Payment accounts… Read More
Lithuania is the latest country joining the Fintech revolution by recognizing the importance of fostering a regulatory environment that is conducive to change and challenges established norms. The Bank of Lithuania is out with a statement regarding the launch of a sponsored Fintech Sandbox…. Read More
Singapore-based Senjō Group, a leading privately-held payments platform operator and active Fintech investor, has successfully secured a Payment Institution (PI) license in Lithuania, according to news services. The company received permission from the Bank of Lithuania to acquire Lithuanian payment institution Finolita Unio, thereby gaining access to… Read More
Jevgenijs Kazanins of Twino introduces the Baltic tech scene at EXEC Fintech in Berlin Those familiar with the European fintech sector may have wondered for some time about why the Baltic States, which are among the smallest countries of Europe, are producing so many… Read More
Nordic peer-to-peer lending platform for property loans, EstateGuru, announced on Monday it launched in the Lithuanian market and funded its first investment in the area last month. The online lender claimed that the launch makes it the only platform to facilitate property-backed businesses loans in… Read More
After several years of hosting their annual conference in Paris for several years, the European Crowdfunding Network (ECN) has moved locations for the event to Vilnius the capital of Lithuania. The Baltic region has been boosting its entrepreneurial credibility during the past several years… Read More
UK based Madiston has shared that FinBee, the first licensed peer to peer lender for SMEs in Lithuania, has launched using Madiston tech. FinBee has already been in operation providing consumer loans using the Madiston platform. The company is extending the arrangement to move into… Read More
The Republic of Lithuania has just announced updated regulations designed to facilitate the growth of investment crowdfunding. Vytautas Šenavičius, a partner at the law firm of TVINS and Chairman of the Board of Lithuanian Crowdfunding and P2P Lending Association, told Crowdfund Insider; “Today the Parliament… Read More
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