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Locals share why Vilnius, Lithuania is becoming an international startup hub

TechCrunch

There are plenty of reasons why Vilnius, Lithuania’s capital city, has an increasingly visible startup sector. Lithuania is now fourth in the global fintech ranking after the U,S,, the U,K, and Singapore. Lithuania’s life sciences sector is gaining prominence. But what are the locals excited about on the ground?

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Revolut lets customers switch to Revolut Bank in 10 additional countries

TechCrunch

The Bank of Lithuania has granted a specialized license — it isn’t a full-fledged license per se, as it focuses on some activities. Right now, Revolut takes advantage of its banking license in two countries — Poland and Lithuania. Revolut gets European banking license in Lithuania.

Lithuania 103
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Valve and five game publishers fined millions for geo-blocking Steam games in EU

The Verge

The Commission said that the companies geo-blocked around 100 PC video games, preventing them from being activated and played outside certain EU countries. The European Commission says the geo-blocking was to prevent games being activated outside Czechia, Poland, Hungary, Romania, Slovakia, Estonia, Latvia and Lithuania.

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Samsung Galaxy Watch 3’s EKG feature is coming to 31 new countries

The Verge

Samsung is expanding its Health Monitor app to 31 new countries , including 28 European countries, and people in those countries will be able to use the app with a Galaxy Watch 3 or Galaxy Active 2 smartwatch to take electrocardiogram (EKG) and blood pressure readings.

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Facebook Dating launches in Europe after lengthy delay

The Verge

Facebook tailors these matches with your preferences, Facebook activity, and, if you opt in, groups and events. The dating service offers the same features in Europe as it does in the US , using the existing profile you’ve created on Facebook to find potential matches.

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Railsbank, the Banking-as-a-Service, raises $37M in growth funding

TechCrunch

Verdon isn’t ruling out further M&A activity, either, including other strategic acquisitions following the purchase of Wirecard in the U.K. Singapore, Vilnius (Lithuania), Munich (Germany), Newcastle (U.K.), This will include the launch of “credit cards as a service” in the U.S.

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Strava acquires Fatmap, a 3D mapping platform for the great outdoors

TechCrunch

Strava , the activity tracking and social community platform used by more than 100 million people globally, has acquired Fatmap , a European company that’s building a high-resolution 3D global map platform for the great outdoors. Terms of the deal were not disclosed. ” While Fatmap is incorporated in the U.K.

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