Lithuania: A Mature Hub for Scaling Fintech and Financial Services Solutions

Moody's office in Vilnius © Simas Bernotas

Explore: Fintech and Financial Services in Lithuania Explore: Fintech and Financial Services in Lithuania

Why Lithuania
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Explore: Fintech and Financial Services in Lithuania Explore: Fintech and Financial Services in Lithuania

Why Lithuania
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As the largest Fintech hub in the EU by the number of licenses issued, Lithuania is a powerhouse of financial innovation. The country’s mature and high-quality Fintech ecosystem, supported by a robust regulatory framework and a deep talent pool, makes it an ideal location for both rapidly growing Fintech companies and established financial institutions.

1st in the EU

by the number of licenses issued

Source: Bank of Lithuania Data for EMI, PI, SPB, CF, FB licenses as of the end of 2023
27M

European customers served by Fintechs licensed in Lithuania

Source: Bank of Lithuania, 2023
270+

Fintech companies established in Lithuania

Source: Fintech Landscape in Lithuania Report, 2024

9th globally

among the lowest-risk jurisdictions

Source: Basel AML Index, 2023
Home to

major global finance players (e.g.,Western Union)

Source: Lithuania's Business Services Survey, 2023
3rd in the EU

for crowdfunding licenses issued

Source: Bank of Lithuania, 2023

Strategic Advantages of Lithuania for Fintech and Financial Services

Multidisciplinary Talent

Lithuania’s success in Fintech and Financial Services is driven by its highly skilled, multilingual workforce. The country boasts top talent in key areas such as AML/Compliance, equity research, business analytics and asset servicing, as well as in software development and customer support. This diverse expertise provides a robust foundation for financial innovation.

90,000

finance professionals

Source: SODRA, 2023 11
70,500

ICT professionals

Source: Eurostat, 2023
12,000+

professionals in Compliance and Risk Management

Source: Talent Insights, 2023
7,400

Fintech sector professionals

Source: Invest Lithuania, 2023
9th globally

in the Gender Gap Index

Source: World Economic Forum, 2023

Skill Development and Support Programs

There are currently 9 dedicated Fintech courses across universities and colleges, ensuring a steady influx of skilled professionals.

Lithuania invests in continuously developing its financial sector talent through specialized programs and industry-aligned educational initiatives.

Bloomberg Lab

The Bloomberg Financial Markets Lab at Kaunas University of Technology offers students access to the Bloomberg Professional Service platform. Students can gain first-hand practical experience in interpreting the data and analytics used by leading decision makers in finance worldwide.
CFA/ACCA aligned programs

Lithuanian universities offer programmes designed in accordance with internationally recognized Chartered Financial Analyst (CFA) and Association of Chartered Certified Accountants (ACCA) certifications.
Moody’s Lab

Moody’s Lab at ISM University allows students to conduct research on corporate, industry and country ratings. At the Lab, ISM students and researchers can access Moody’s public reporting and rating methodologies as well as specialized databases used by Moody’s clients.

Prudent and Forward-Thinking Institutions

Lithuania’s regulatory landscape is designed to foster innovation and growth in Fintech and Financial Services.

Experienced Regulator

The Bank of Lithuania supports a Fintech-friendly regulatory ecosystem.

Newcomer Programme

The Bank of Lithuania’s one-stop consultation service for financial market participants interested in applying for a license in Lithuania.

Fintech Strategy 2023-2028

Focuses on quality growth and skill development.

AML Centre

A public-private partnership dedicated to combating financial crimes and training AML specialists.

Regulatory Sandbox

Allows testing of financial innovations in a supervised environment.

CENTROlink

A payment infrastructure that enables SEPA payments and IBAN account issuance.

Fintech Startups and Finance Companies in Lithuania Illustration

Fintech and Finance Companies in Lithuania

Lithuania hosts a range of prominent Fintech companies and financial centers, underscoring its position as a major player in the industry.

Fintechs

Financial Centers

Join Lithuania’s Thriving Business Services Sector

Join Lithuania’s Fintech and Financial Services Industry

With a Fintech-friendly regulatory framework and a skilled talent pool, Lithuania provides an ideal landscape for financial service providers to thrive. Explore limitless opportunities in the global financial arena with Lithuania as your partner of choice.

Want to learn more about fintech and financial services opportunities?

Lithuania has a lot to offer, and we’re here to help you discover it. At Invest Lithuania, our team is here to make your business journey smoother. From connecting you with the right people to accessing valuable resources, we take care of the details so you can drive your business forward.