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

Revolut applies for UK banking license

TechCrunch

The Bank of Lithuania has granted a license and the company is taking advantage of European passporting rules to operate in other European countries. Revolut gets European banking license in Lithuania. You can send and receive money, hold money in your account and use your card for in-store and online purchases.

License 105
professionals

Sign Up for our Newsletter

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

article thumbnail

France’s strategy for EU startup policies: Talent and money

TechCrunch

18 European countries have already signed a non-binding pledge saying that they plan to contribute to this EIF’s fund of funds — Austria, Bulgaria, Denmark, Estonia, Finland, France, Germany, Greece, Italy, Latvia, Lithuania, Luxembourg, the Netherlands, Portugal, Romania, Slovenia, Spain and Sweden. More countries should join the list soon.

Policy 86
article thumbnail

Revolut confirms cyberattack exposed personal data of tens of thousands of users

TechCrunch

Revolut, which has a banking license in Lithuania, wouldn’t say exactly how many customers were affected. As a precaution, Revolut has also formed a dedicated team tasked with monitoring customer accounts to make sure that both money and data are safe. “We “Customers who have not received an email have not been impacted.”.

article thumbnail

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

The Verge

The European Commission says the geo-blocking was to prevent games being activated outside Czechia, Poland, Hungary, Romania, Slovakia, Estonia, Latvia and Lithuania. Activation keys were geo-blocked between 2010 and 2015, the European Commission said.

Game 111
article thumbnail

Chronosphere nabs $43M Series B to expand cloud native monitoring tool

TechCrunch

The company has been spread out from the beginning, even before COVID, with offices in Seattle, New York and Lithuania, and that has helped in terms of having a broader base to recruit from.

Tools 104
article thumbnail

Richard Branson backs Lightyear as UK stock trading platform launches into Europe

TechCrunch

Lightyear is one of several burgeoning stock trading companies to emerge on the scene, promising an easy inroad for the general public to invest their money in some of the world’s biggest companies, from Apple and Alibaba, to Spotify and Tesla. Trading stocks. And less than a year after first launching to early U.K.

Europe 86