Lithuania Money Raise 
TechCrunch
MARCH 16, 2021
Today it announced financing totalling €750 million (around $895 million at today’s rates), money that it will be using to continue expanding its business — specifically, for acquisitions; to launch in new markets in Europe, Latin America and Asia; and to build out the suite of services that it provides to businesses.
TechCrunch
FEBRUARY 8, 2022
With this new mechanism, fund managers should be able to raise a new fund more easily. Some national investment banks have also announced that they’ll invest money directly in large late-stage funds. And he strongly believes that the ability to raise large growth rounds in Europe will lead to large tech companies down the road.
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TechCrunch
SEPTEMBER 20, 2022
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.”.
TechCrunch
JANUARY 5, 2021
The company has raised $54.4 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.
TechCrunch
JULY 14, 2022
To power the expansion, which will see Lightyear land in 19 new markets, including the Baltics and much of Western Europe, London-based Lightyear has also raised $25 million in a Seres A round of funding led by U.S. Lightyear , a U.K. fintech startup that promises consumers commission-free trading on U.S. Trading stocks.
TechCrunch
MARCH 1, 2023
Revolut’s core product is an account to send, hold and receive money combined with a payment card. its home country), the company now has a full banking license in Lithuania. That’s why the company managed to raise a $800 million funding round at a $33 billion valuation in the middle of 2021. Revolut charges at least 0.5%
TechCrunch
JUNE 28, 2022
Ozkan is the founder of Flagright , a startup that aims to prevent financial crime, like money laundering or terrorist financing, with an API-first product. “I used to run the product team at a fintech startup in Lithuania, and one of my responsibilities was compliance and fraud prevention,” Ozkan said in an email interview.
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