Remove Active Remove Lithuania Remove Trend
article thumbnail

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?

Lithuania 103
article thumbnail

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. More recently — and unsurprisingly given recent fintech trends — Railsbank is also talking itself up as an embedded finance partner.

Sri Lanka 115
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Revolut revenue grew by 57% in 2020

TechCrunch

These trends aren’t that surprising as I reported that fintech startups spent most of 2020 focusing on profitability and improving their margins. As the extraordinary circumstances of 2020 drove the trend towards digital financial management we continued to innovate for customers to make their financial lives easier and accelerate daily use.

article thumbnail

SumUp raises $895M in debt to double down on its B2C payments business

TechCrunch

The company is already active in 33 countries (most recently Chile, Colombia and Romania) and has some 3 million businesses as customers. Most recently these deals included acquisitions of the business-focused mobile banking platform Paysolut in Lithuania, as well as Goodtill and Tiller to expand into point-of-sale for bigger venues.

Business 120
article thumbnail

Freelancing is the new normal: oDesk and the future of the workforce marketplace

The Next Web

Among other fastest-growing client countries one can also find Latvia, Pakistan, Romania, Lithuania, and Malaysia. Interestingly enough, Russian users of two other major online work marketplaces – Elance and Freelancer - reported earlier that those also were active in engaging with Eastern tech professionals lately.

Russia 151
article thumbnail

Grover grabs $330M to double down on the circular economy with consumer electronics subscriptions

TechCrunch

Grover doubled subscriptions and business in the last year, and it currently has half a million items in its catalogue available for subscription, 2 million registered users and 250,000 active customers (some are subscribing to use more than one gadget). That growth has been riding on several concurrent market trends.

Austria 86
article thumbnail

Despite remote work and the economic downturn, some companies look to London for expansion

TechCrunch

But juxtaposed against this, some companies seem to be bucking the downsizing trend by not only hiring, but opening physical offices to accommodate broader expansion plans. The report added that this was the highest number it had recorded since it began tracking relocation trends in 2013. capital in recent months.