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Fintech Growth Continued Across Lithuania Throughout 2023, Despite Global Economic Downturn

March 23, 2024


As much of the global tech industry was left rocked by difficult macroeconomic conditions throughout 2023, Lithuania’s fintech ecosystem enjoyed continued growth – driven by efforts and initiatives targeting the space throughout the last decade.

The number of fintechs operating in Lithuania surpassed 270 for the first time, continuing a steady upward trend. The likes of Hokodo, Payhawk, Windcave, and innovation platform and accelerator Plug and Play joined the country’s fintech landscape in 2023.

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