(MENAFN)Lithuania turns to a fintech hub as a growing number of UK-linked digital financial companies are obtaining licenses there for that they can remain processing in the European Union.
The Invest Lithuania government agency stated that the Baltic eurozone state with a population about a third the size of London is now ruling the EU in fintech with over 230 companies.
London-based Revolut bank considered one of the first to come after the 2016 Brexit referendum.
AFP quoted rgilijus Mirkes, CEO of Revolut Bank in Lithuania as saying that “Lithuania is currently a hub for our European operations after Brexit.”
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