With a reasonably inexpensive and skilled labor force, quite low taxes, and an easy connection to Target2 and SEPA via the Central Bank’s payment system CENTROlink, Lithuania is a jurisdiction with PayTech-friendly regulation. By pursuing its objective of being the top EU FinTech center, Lithuania has created the perfect environment for the expansion of innovation in the financial services industry. For such a small country, there is a surprising number of various networking events. Hence, considering a Lithuanian API for sale is an excellent step to enter the Fintech sector in the center of the EU.
Lithuanian API for sale: what’s included
- Active authorized payment institution in Lithuania for sale with the possibility to issue IBANs;
- The share capital constitutes 125,000 euros;
- Current Account in Revolut Bank and Paysera;
- Approved current and segregate accounts in EM Bank;
- SME bank account/segregate account opening in progress;
- BIN sponsorship of VISA card issuance;
- White-label software and the full-fledged card back office;
- A license for a front- and back-office card processing gateway program;
- Established customer relationships for POS card processing;
- E-commerce card processing customers;
- The business is run by a team of 10 people;
- Signed contracts with acquirers for the processing of credit and debit cards;
- Office in Vilnius;
- Existing customers for POS terminals and e-commerce;
- Passportization in 15 countries (10 more in progress);
- An upgrade to EMI is possible.
Price&details:
- e-mail: a.shevchuk@eternitylaw.com
- Telegram: @anastasiiaeternitylaw
The information presented in this section is provided for general informational and B2B purposes only. Licensed or regulated companies listed here may be offered for sale by their respective owners or other third parties.
The Company does not sell, issue or provide licences, authorisations, registrations or the underlying regulated services. Any existing licence, registration, authorisation or regulatory status remains subject to applicable law and, where required, regulatory approval, notification, change-of-control, re-registration or other procedures imposed by the competent authority.
The Company acts solely as an independent provider of legal, consultancy and transaction support services and may assist with due diligence, transaction structuring, documentation, ownership transfer, re-registration and related legal or regulatory support.
No listing constitutes financial, investment or brokerage advice, or a guarantee that any licence or regulatory status may be transferred, maintained or used by a prospective purchaser.