The Fintech Landscape in Lithuania 2020-2021

Fintech companies, present in Lithuania

The Fintech Landscape in Lithuania 2020-2021

230
The number of Fintech companies operating in Lithuania at the end of 2020.
1st
Largest Fintech hub in the EU in terms of licensed companies.
118 Fully Passportable Fintech licences issued.
63%
of surveyed Fintechs have women at the executive level in Lithuania.
45%
of surveyed Fintechs experienced revenue growth of more than 50% in 2020.

What the experts say

Virgilijus Mirkės,
Lithuanian talent has been building Revolut from the very beginning, and the company has always had close ties with the country.
Virgilijus Mirkės,
CEO of Revolut Bank
Andrius Bagdonavičius,
Lithuania was Mambu’s choice for our new engineering centre because of the country’s reputation of focusing its business environment on the needs of specific industries, including Fintech.
Andrius Bagdonavičius,
Managing Director of Mambu Engineering Centre in Vilnius
Nimrod Lehavi,
We find Lithuania to have an excellent talent pool of motivated and professional individuals that fit in well with our global atmosphere.
Nimrod Lehavi,
CEO of Simplex

Lithuania's Fintech Report Launch: 2020 Review and Forward Look

Even in 2020, the Fintech industry in Lithuania demonstrated resilience and continued to grow. Celebrating the sector’s successes and presenting the latest data, we have brought together the field’s brightest minds.

Check out the recording of our launch event to learn about key opportunities and challenges of Lithuania's Fintech Hub, discussed by decision-makers at Mambu, SME Finance, Transfergo and learn how Bank of Lithuania and Invest Lithuania see the future of Fintech in Lithuania. Tune in and enjoy!

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