Which Vilnius Startups are Disrupting the Financial Services Sector in 2023?

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Across the flourishing landscape of startups in the EU, a few of them are catching more attention than the rest. The following startups from Vilnius, Vilniaus Apskritis, Lithuania provide financial services, making them particularly interesting in the current global scenario. These startups touch various industries, ranging from accounting to mobile payments, digital banking, online business, and more. With finance being a vital part of any business, these startups provide a wide array of essential services to their customers. Though varying in their operations and specializations, they have one thing in common: innovation.

Operating in today’s rapidly changing business environment, these companies are providing cutting-edge solutions. They are relentless in their aim to disrupt traditional sectors with game-changing ideas – that makes them worth watching. Here, we focus on fifteen such trailblazing startups in Vilnius, giving you an insight into what they do and who they are.

We delve into various aspects of these startups – their founding teams, the industries they cater to, and the value proposition they offer. Each of these startups, in their unique way, is contributing towards solidifying Lithuania’s position as a pulsating hub in the buzzing European startup ecosystem.

Haslle

Haslle was founded by Povilas Žinys, Vladyslav Tkachuk, and Yuriy Rachek to help companies organize their employee-related expenses. Their platform streamlines payment cards, expenses, subscriptions, and invoices. They operate at the intersection of the accounting, financial services, management consulting, and SaaS industries.

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Kernolab

Kernolab, founded by Vachtangas Babunasvili, aids companies in integrating financial features like accounts, payments, cards, loans, etc. into their products. This startup plays a key role in the finance, fintech, and payment ecosystem.

MANU

MANU, led by founders Antanas Kairys, Antanas Krasauskas, and Daumantas Zamalis, has created an analytics tool to assist financial institutions in managing client onboarding and credit scoring. It provides solutions for the Analytics, Finance, Financial Services, and Fintech sectors.

Mano Bank

Mano Bank is an all-inclusive digital banking solution that provides its customers with loan & term deposits services for both individuals and businesses. It operates within the Banking, Credit, Finance, and Financial Services industry.

Okeo

Okeo aims to convert business complexities into user-friendly banking and payment solutions for entrepreneurs and businesses, operating in the Financial Services, FinTech, Payments, and Software sectors.

Ambr Payments

As an integrated provider of cross-border transaction and payment solutions, Ambr Payments serves the Financial Services, FinTech, and Payments sector.

Paylar

Paylar, founded by Jonas Udris, provides financial services that cater to the Accounting, Debit Cards, Finance, and Financial Services industry.

Lendstream

Lendstream is a lending management software provider serving financial enterprises. The startup offers solutions for the Financial Services, Information Technology, Lending, and Software sectors.

Rockit

Rockit is a firm offering fintech and sustainable innovation solutions for the Financial Services, FinTech, and Service Industry.

BigWallet

BigWallet is a player in the Financial Services and Internet industry.

UAB Pervesk

Founded by Darius Kulikauskas, Mantas Mockevičius, and Vytautas Karalevicius, UAB Pervesk is an electronic money institution operating under license from the Bank of Lithuania, serving the Financial Services and Virtual Currency industry.

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Mark ID

Mark ID is a universal identity verification and eSignature gateway founded by Markas Krasovskis and Nerijus Rimdzius. It caters to a variety of industries, such as Compliance, E-Signature, Financial Services, FinTech, Fraud Detection, Identity Management, Information Technology, and Security.

myTU

myTU, founded by Raman Korneu and Tomas Navickas, is a digital banking platform for individual and business clients, offering payment and marketplace solutions. It operates within the Banking, Finance, Financial Services, FinTech, Mobile Apps, and Mobile Payments industry.

70Ventures

70Ventures, founded by Gytenis Galkis, Jean-Baptiste Daguene, and Per Møller, is an accelerator for early-stage B2B startups, operating in the Financial Services, Incubators, and Venture Capital industry.

Nikulipe

Founded by Frank Breuss, Nikulipe provides local payment expertise and access to fast-growing and emerging markets. It serves the Emerging Markets, Financial Services, FinTech, and Payments industry.


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