Finance

December 14, 2018

Revolut has become a regulated bank

Lea Nonninger UK neobank Revolut has received its European banking license from the Bank of Lithuania. This allows Revolut to move from offering a prepaid card […]
December 14, 2018

Lithuanian car-sharing startup CityBee secures €110 million to expand its fleet with 5,000 new cars

Mary Loritz With the costs of payments, insurance, and repairs, owning your own car can be a hassle. Vilnius-based car-sharing startup CityBee relieves you of these concerns by […]
December 14, 2018

The Wayward Millions of Lithuania’s Runaway Banker

Sarunas Cerniauskas Lithuania’s Vladimir Romanov absconded to Russia more than four years ago, leaving investigators grasping to recoup millions they believe he stole from Ukio Bankas. […]
December 8, 2018

No Danske Skeletons Here, Lithuania Says as Its Neighbors Squirm

Milda Seputyte With financial scandals rattling its fellow Baltic states, Lithuania has a message for anyone questioning its banks: there’s nothing to see here. It’s been […]