UK-based fintech startup Revolut receives European banking licence

The challenger bank Revolut has just become an actual bank by securing a European licence, which it applied for through the Bank of Lithuania. The company plans to start offering protected current accounts, overdrafts, and loans in early 2019. Thanks to the EU’s “bank passport” system, the licence received in Lithuania allows Revolut to offer […]

Tech.eu Report: A Deep Dive into the Baltic Startup Ecosystem(s)

Tech.eu today released an in-depth report on the Baltic startup ecosystem(s) at the Digital Freedom Festival in Riga. The report features an data-driven look at how the technology startup scenes in Latvia, Lithuania and Estonia have evolved in the past four years, zooming in on trends in funding and M&A transactions. The report also features […]