What’s next for the largest fintech hub in the EU?

Event schedule:

Presentations and Q&A + coffee and mingle at Rockit

Speakers:

• Simonas Krėpšta, Member of the Board of the Bank of Lithuania
• Greta Ranonytė, Advisor at the Credit and Payment Markets Division of the Financial Markets Policy Department, Ministry of Finance of the Republic of Lithuania
• Andrius Bičeika, Deputy CEO and Board member at Revolut Bank
• Marius Galdikas, CEO at ConnectPay
• Gustas Germanavičius, founder of InRento 

With a growing ecosystem that now includes 263 licensed institutions, Lithuania has taken centre stage in the last couple of years as the EU’s largest fintech hub. With its heavy accent on payment institutions, the country has become a haven for fintech companies looking for a fully passportable licence, an efficient licensing process, and a fair but supportive regulator.  

But this boom is not only expressing itself in the number of fintechs in operation. The volume of transactions swelled to €110 billion in 2022, with over 7,000 employees in the sector and over 25 million customers served from Lithuania. 
 
Last year, Lithuania returned to the drawing board, releasing the National Fintech Guidelines for 2023-2028. As the fintech sector moves towards maturity and attention re-focuses on less explored niches, what is next on the agenda for Lithuania when it comes to fintech?  

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