"Lithuania is participating in the exhibition as one of the leaders in fintech. We are the largest fintech centre in the EU in terms of the number of licences issued, and we have one of the strongest ecosystems. This exhibition is an opportunity for our companies to establish contacts and expand international partnerships, as well as to showcase Lithuania's potential and attract the world's largest fintech companies to our country," said the Minister of the Economy and Innovation A. Armonaitė.
Lithuania's fintech sector has been growing successfully in recent years. According to the latest Fintech Sector Review, there are currently around 270 fintech companies operating in Lithuania, serving 27 million customers across the EU. The sector employs more than 7,000 people.
Money20/20, one of the largest fintech exhibitions, attracts professionals from all over the world. This year, fintech companies Ondato, DeRISK Business Solutions, Baltic Amadeus, Noviti Finance, Neopay, ConnectPay, European Merchant Bank | EMBank, Paysera will present their fintech solutions at the national stand organised by the Innovation Agency and Rockit. Last year, the exhibition attracted more than 8,000 exhibitors from 50 countries.