25 February 2018
visit www.nextgenbanking.co.uk/

Lithuania makes a pitch for post-Brexit UK fintech firms

02 December 2016  |  10303 views  |  0 Blurr Business People Walking 2

Lithuania is looking to become the destination of choice for UK fintech firms seeking EU passporting rights in post-Brexit Britain.

The Bank of Lithuania, Invest Lithuania, and local law firm Sorainen, will be talking up the benefits of the country next week at an event at UK accelerator space Level39.

The move comes as the country prepares a new regulatory regime, easing access to official authorisation for innovative startups.

The country is promising one-week pre-approval for FCA authorised firms, and a three-month wait for receipt of a full license. It also offers regulator-run API access to Sepa payments for non-banks.

Invest Lithuania says that London-run Revolut and Contis Group have already secured passporting rights from Lithuania, while Germany's Wirecard is also recommending the country as a destination for fintech clients seeking authorisation.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Brexit depression casts dark cloud over UK fintech investment

Brexit depression casts dark cloud over UK fintech investment

16 November 2016  |  8689 views  |  1 comments | 19 tweets | 12 linkedin
Brexit poll paints confused picture for London's prospects

Brexit poll paints confused picture for London's prospects

02 November 2016  |  6249 views  |  0 comments | 4 tweets | 6 linkedin
Paris urges City staff to 'join the frogs'

Paris urges City staff to 'join the frogs'

18 October 2016  |  5814 views  |  5 comments | 7 tweets | 10 linkedin
Hard Brexit will have a crushing impact on UK tax take and jobs warns City lobby

Hard Brexit will have a crushing impact on UK tax take and jobs warns City lobby

05 October 2016  |  9095 views  |  0 comments | 5 tweets | 9 linkedin
Brexit be damned: UK fintech weathering the storm

Brexit be damned: UK fintech weathering the storm

19 September 2016  |  9863 views  |  1 comments | 18 tweets | 6 linkedin
UK startups get Brexit boost while UK funds suffer

UK startups get Brexit boost while UK funds suffer

25 July 2016  |  9052 views  |  1 comments | 13 tweets | 14 linkedin
Brexit-scarred London fintech startups enquire about moving to Berlin

Brexit-scarred London fintech startups enquire about moving to Berlin

18 July 2016  |  12554 views  |  2 comments | 18 tweets | 17 linkedin
The vultures are circling: EU states eye up London's finance crown

The vultures are circling: EU states eye up London's finance crown

07 July 2016  |  7697 views  |  0 comments | 11 tweets | 9 linkedin
Brexit breeds opportunities for UK fintech

Brexit breeds opportunities for UK fintech

06 July 2016  |  14048 views  |  4 comments | 60 tweets | 37 linkedin
Fear and loathing dogs London's fintech scene as Brexit dread spreads

Fear and loathing dogs London's fintech scene as Brexit dread spreads

05 July 2016  |  11430 views  |  3 comments | 31 tweets | 24 linkedin
Fintech starts to reflect on the realities of Brexit

Fintech starts to reflect on the realities of Brexit

27 June 2016  |  13282 views  |  1 comments | 17 tweets | 13 linkedin
Brexit vote sends shock waves through financial markets

Brexit vote sends shock waves through financial markets

24 June 2016  |  13374 views  |  1 comments | 19 tweets | 33 linkedin

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit www.vasco.comVisit https://www.capgemini.comvisit www.nextgenbanking.co.uk

Top topics

Most viewed Most shared
Ripple makes new connections to emerging marketsRipple makes new connections to emerging m...
12753 views comments | 16 tweets | 10 linkedin
hands typing furiouslySome Interesting Applications Of The Inter...
10892 views 4 | 9 tweets | 1 linkedin
Basel Committee outlines disruptive fintech scenariosBasel Committee outlines disruptive fintec...
9438 views comments | 15 tweets | 27 linkedin
Investment Association sets up fintech accelerator for asset managersInvestment Association sets up fintech acc...
8805 views comments | 19 tweets | 10 linkedin
R3 creates Legal Centre of Excellence for blockchain technolgyR3 creates Legal Centre of Excellence for...
8712 views comments | 11 tweets | 14 linkedin

Featured job

Basic c.£90K OTE c.£180K plus full benefits pac...
London based

Find your next job