Global payments leader Checkout.com opens technology centre in Vilnius

Checkout.com, a leading global digital payments provider, has announced the establishment of a technology centre in Vilnius. The expansion follows the acquisition of Blue EMI, a Lithuanian electronic money institution, and will see Checkout.com build capabilities in compliance and technology, to serve its operations. 

Since its establishment in 2012, Checkout.com has evolved from a fast-growing fintech into a payments infrastructure provider serving some of the world’s largest enterprises, with an expanding geographic presence and global operations. The company enables businesses to accept, process, and optimise digital payments worldwide, with services spanning online card acquiring, multi-currency processing, issuing, fraud detection, and payment orchestration.  

Checkout.com employs over 2,000 people, with its global headquarters in London. Its clients include eBay, Uber, Pinterest, Vinted, Klarna, Financial Times, HelloFresh, and Sony.  

Blue EMI is authorised by the Bank of Lithuania to provide payment services and issue euro-backed stablecoins for institutional use. The company also offers open banking services, embedded payment checkout solutions, and card payments to e-commerce businesses and licensed crowdfunding platforms. The acquisition brings Blue EMI’s stablecoin capabilities to Checkout.com while giving the payments giant an experienced local team and direct access to the SEPA payment system via CENTROlink. 

Edvinas Grikšas, Minister of the Economy and Innovation, highlights the significance of attracting a payments company of this scale: 

Elijus Čivilis, General Manager of Invest Lithuania, points to the country’s strong combination of talent and regulatory expertise: