Deep Dive Week Baltics 2019
May 27-31 '19 (5 days)
About Deep Dive Week Baltics 2019
Join the Startup Lighthouse mini acceleration programme and get ready to scale-up: FinTech Deep Dive Week in Vilnius, Lithuania :: 27-31 MAY 2019
Lithuania has recently become Europe’s most exciting & inviting FinTech hotspot. This small Baltic country is topping European lists as the most favourable country for FinTech regulation, with Revolut and Google recently opting for Lithuania to obtain their European banking and electronic money institution licenses.
> Second in the EU (after the UK) in number of granted e-money and payment license. You can get a license in 3 months – that is 2-3 times faster than in other EU countries;
> It has a sandbox environment with no regulatory sanctions for FinTechs for the 1st year;
> Offers “lite” bank license for challenger banks with 5 times smaller initial capital requirement;
> Enables direct technical access to SEPA and ability to issue your own IBANs via Bank of Lithuania API.
> Supplies right kind of talent with 17 000 people employed in FinTech sector and 31 500 people employed in IT.
Your Scaling Manager in the Baltics:
Startup Division has been one of the main drivers of the ecosystem development, with its members being placed in some of the most relevant venture funds or innovation consultancies, effectively connecting the Baltics as a multi-city hub.