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In a major development for the European fintech landscape, Zilch, a fast‑growing UK‑based consumer payments company, has agreed to acquire Fjord Bank, a challenger bank headquartered in Vilnius, Lithuania. This strategic move gives Zilch access to a European banking licence, positioning Vilnius as its primary European headquarters and enabling the company to accelerate its rollout of financial services across the European Economic Area. Fjord Bank, which operates in several E

A rapidly rising Lithuanian AI startup is capturing global attention with a major funding milestone that could reshape how large organisations adopt artificial intelligence. nexos.ai, an enterprise AI platform based in Vilnius, has successfully closed a €30 million Series A funding round, accelerating its mission to help companies around the world implement AI securely and at scale. Founded in 2024 by Tomas Okmanas and Eimantas Sabaliauskas, the entrepreneurs behind the cyber

At a time when work is no longer bound by borders, time zones, or office walls, one thing has become clear: managing a global team requires more than Slack threads and spreadsheets. That’s where Lerio comes in, a platform born from necessity, built by a company that has always been fully remote. With team members working across countries, currencies, and cultures, Lerio has created a solution to the exact challenges they — and thousands of other modern businesses, face every