Lithuania: A Mature Hub for Scaling Fintech and Financial Services Solutions
- Why Lithuania
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- Why Lithuania
- Already here
- Downloads
- News & Events
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.
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1st in the EUby the number of licenses issuedSource: Bank of Lithuania Data for EMI, PI, SPB, CF, FB licenses as of the end of 2023 -
27MEuropean customers served by Fintechs licensed in LithuaniaSource: Bank of Lithuania, 2023 -
270+Fintech companies established in LithuaniaSource: Fintech Landscape in Lithuania Report, 2024
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9th globallyamong the lowest-risk jurisdictionsSource: Basel AML Index, 2023 -
Home tomajor global finance players (e.g.,Western Union)Source: Lithuania's Business Services Survey, 2023 -
3rd in the EUfor crowdfunding licenses issuedSource: 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.
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90,000finance professionalsSource: SODRA, 2023 11 -
70,500ICT professionalsSource: Eurostat, 2023 -
12,000+professionals in Compliance and Risk ManagementSource: Talent Insights, 2023 -
7,400Fintech sector professionalsSource: Invest Lithuania, 2023 -
9th globallyin the Gender Gap IndexSource: 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.
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Bloomberg LabThe 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.
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CFA/ACCA aligned programsLithuanian universities offer programmes designed in accordance with internationally recognized Chartered Financial Analyst (CFA) and Association of Chartered Certified Accountants (ACCA) certifications.
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Moody’s LabMoody’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.
The Bank of Lithuania supports a Fintech-friendly regulatory ecosystem.
The Bank of Lithuania’s one-stop consultation service for financial market participants interested in applying for a license in Lithuania.
Focuses on quality growth and skill development.
A public-private partnership dedicated to combating financial crimes and training AML specialists.
Allows testing of financial innovations in a supervised environment.
A payment infrastructure that enables SEPA payments and IBAN account issuance.
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 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.
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