Lithuania Wants a Piece of London’s Fintech

The Baltic state, an unwilling part of the Soviet Union until 1990, is positioning itself as the amenable backdoor to the European Union and euro region for developers of everything from payment networks to foreign-currency services and gaming firms.

Lithuania has been in the shadow of neighboring Estonia when it comes to embracing all things tech, while Latvia next door has been plagued by a string of money-laundering scandals in recent years.

But with Brexit weighing on London, Europe’s traditional finance hub, and Bitcoin taking off, the country is targeting a global fintech market that’s attracted more than $125 billion of investment since 2010.

Continue to Bloomberg.com: https://www.bloomberg.com/news/articles/2017-12-20/this-country-wants-a-piece-of-london-s-fintech

 

Parašykite komentarą