We recently were treated to a delightful conversation with Vaiva Amule, the Head of Fintech Hub LT. In this chat we are diving into the world of fintech and exploring how Lithuania is positioning itself as a pan-European payments superpower. With a progressive regulatory landscape, tight collaboration across market participants, and payment infrastructure that gives access to Centralink for instant payments across Europe, Lithuania is setting the stage for the future of payments and blockchain.
During our chat, Vaiva shared how the government created a working group that included various market participants to develop a fintech strategy that benefits everyone. This collaboration has allowed all parts of the ecosystem to actively participate in ensuring that legislators understand what’s important for fintech companies. We also discussed how direct access to SEPA (Single Euro Payments Area) and close collaboration with the regulator working in tandem with market participants have allowed fintechs registered in Lithuania to make instant payments across the whole of Europe. Furthermore, Lithuania has tested the Digital Euro trial run, proving its commitment to staying ahead of the game when it comes to fintech. Lithuania boasts a vibrant and extraordinarily dynamic fintech ecosystem that’s sure to pique the interest of anyone interested in the fintech space and Vaiva’s knowledge, insights and charm will keep you hooked from the start!
