The Fintech Landscape in Lithuania 2023-2024

Get the most comprehensive overview of Lithuanian Fintech to date by downloading the Fintech Landscape in Lithuania 2023-2024 report.

In this 7th edition of Invest Lithuania’s annual report, we’re delving into the latest insights from our survey of Lithuanian Fintechs. Accompanying them, you’ll find insights from public and private sector leaders on topics such as regulation, innovation, trends, as well as the country’s business climate.

The report is designed to be the definitive source for up to the minute data on Lithuania’s Fintech ecosystem. It’s the ideal resource for investment consultants, startups, established corporations, the media and anyone interested in the sector’s development.

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Fintech companies, present in Lithuania

Lithuania’s Fintech sector at a glance

276

The number of Fintechs operating in Lithuania at the end of 2023

The Fintech Landscape in Lithuania Report 2023-2024
1^st

in the EU in terms of licensed Fintech companies

Bank of Lithuania, EUCLID Register, European Banking Authority, Data as of the end of 2023 for EMI, PI, SPB, CF, FB licences
3^rd

in OECD for corporate tax competitiveness

Tax Foundation, 2023
9^th

globally among the lowest ML/TF risk jurisdictions

Basel AML Index, 2023

M&A was a no-brainer for us because it provided the fastest route, but then we had to choose which country to focus on. For us, Lithuania ticked every box.

Richard Thornton

Co-Founder and CEO, Hokodo

Payhawk chose Lithuania over a number of other contending EU member states largely due to Lithuania’s extensive experience in supporting Fintechs. This choice was reinforced by our positive licensing experience and fruitful interactions with the Bank of Lithuania.

Hristo Borisov

CEO, Payhawk