Lithuania’s revenue from its FinTech sector Is increasing, says a report issued by Fintech Hub Lt.
In Brief:
In 2020, FinTechs in Lithuania generated €399mn revenue.
This was up from €325mn in 2019.
In 2021, another increase is expected.
What does this mean?
In part through Fintech Hub Lt, Lithuania has been making efforts to create a favourable environment for FinTechs to thrive, as well as attracting companies from across Europe.