The company last week received a license from the central Bank in Lithuania as an electronic money institution necessary for the new operations.
"We operate as a peer-to-peer lending platform in Israel and Italy, with plans to do this in Lithuania, as well. I cannot specify the date yet. We have received the necessary license as an electronic money institution, so this is already public," says Paulius Tamosaitis, Blender CEO in Lithuania.
In his words, Blender has attracted more than 50 mln euros worth of investments and plans to launch peer-to-peer lending operations in Republic of South Africa and South America.
