Greetings from the Board, 

We felt a need for some changes and made some exciting things we want to share with you! 

We decided to employ the Head of Association. It took us some time to find the best fit, but here we are. Please welcome Vaiva Amulė! She has been working for Fintech Ecosystem for a while, and we are confident that she will push forward association to a next level. She will be working closely with the Board of Association, but feel she contact her directly via info@fintechhub.lt. Please welcome Vaiva on board!

We are pleased to announce that three new members Mr.Banxe, Guru Pay & Secure Nordic Payments (MisterTango) have joined the Fintech Hub LT association. Welcome on Board!

Gutu Pay is an Electronic Money Institution, that focuses on providing payment services to Small and Medium enterprises, Freelancers and High-income individuals. 

Secure Nordic Payments is a licensed financial institution based in Vilnius, Lithuania. Their mission is to provide the customers with simple, fast and low-fee payment services for their convenience.

Mr.Banxe allows to open an account at the speed of light and automates stressful and time-consuming banking and accounting tasks in a single, powerful SuperApp.

We also noticed that information added to our website doesn't always reach all the members. This encouraged us to share the news via a weekly newsletter. We will seek to add only useful information there. Nevertheless, we will continue adding information to our web section for the members so you could find all the relevant information in one place.

FIntech Hub LT will be participating at Singapore Fintech Festival (SFF). We will have our digital booth under National Pavilion as co-exhibitors together with Bank of Lithuania, MITA, Startup Lithuania and BCCS cluster. We have:

- two tickets for the conference which will be broadcasted from Singapore, London, New York physical stages. Participants also will be able to explore Online Networking, Business Matchmaking & Meetings via SFF platform

- booth with the possibility to share marketing material about Fintech Hub LT members

If you are willing to be a part of it and be included in the marketing material, please contact info@fintechhub.lt for more information. 

By the way, congratulation to our member ConnectPay who participated at European Fintech Hackcelerator Program organized by SFF&co, managed to get to the semifinals and will pitch at Corporate&Vc Mixer event on 24th of November! Well done! 

Every year, as part of the initiative to promote growth and cooperation in Lithuania's Fintech ecosystem, Invest Lithuania is preparing an annual Fintech Report. 

To be featured in the Report, please take a survey about your company here. The survey should not take more than 10-15 minutes. It would be extremely appreciated, if you completed the survey before 13th of November, 2020.

Our Board member Inga Karulaitytė will have a meeting with Bank of Lithuania. We will update you regarding the outcomes of the meeting next week. We understand that cooperation with BoL is one of the main priority for our Association. It is in our plans to have a meeting with BoL and Fintech Hub LT members in December. Please provide all the questions for BoL by sending them to info@fintechhub.lt so we could share a full list of questions to the Bank in advance.

Board members of the Association this Friday will have a meeting with Fintech Ecosystems Builders (ROCKIT, BoL, FinMin, Invest Lithuania, Startup Lithuania, MITA, Infobalt, Fintech Hub LT). We will share the news from it with the following newsletter.

Online Presentation of Changes in Financial Market Supervision Service of the Bank of Lithuania
Jekaterina Govina, Director of the Financial Market Supervision Service of the Bank of Lithuania, and other representatives will present the structural changes, operational priorities and highlights of the Service to financial market participants and answer questions.
Date: November 13, 2020, 9:00
For More information: here

Kaunas University of Technology as a partner of European Commission H2020 FinTech project organises a Workshop for the Bank of Lithuania and invites us to join. The online workshop is designed to discuss blockchain challenges that arise in the Lithuanian Fintech industry and present scientific solutions.

The online (via Zoom) event will take place on 26-27 November 2020. Registration is necessary. More on event, registration, updates and schedule at: https://fintech.ktu.edu/suptech_blockchain_vilnius/

We are happy to have our first Sponsors of the Association: EY and HyperOps. 

EY provides consulting, assurance, tax and transaction services that help solve their client's toughest challenges and build a better working world for all.