Lithuania's Ministry of Finance published a two-year implementation update on the Lithuanian Fintech Sector Development Guidelines for 2023–2028 and associated Action Plan, reporting continued growth in the fintech sector and pointing to regulation as a key enabler discussed with public and private sector representatives. The update notes that EU customers served by financial technology companies operating in Lithuania increased to 30.7 million from 29 million, alongside rising company income, growing employment and plans for expansion. The ministry highlighted a sector workforce of more than 7,500 professionals and more than 22,000 students enrolled in study programmes relevant to fintech. It also reported that the Fintech Sector Development Plan includes 59 actions, with 14 completed and 45 ongoing, and that seven indicators will be calculated annually to monitor implementation. The guidelines and Action Plan aim to position Lithuania as an internationally recognised European fintech hub by 2028, with progress tracked through annual indicator calculations.
Ministry of Finance (Lithuania) 2025-06-13
Lithuania's Ministry of Finance reports two-year progress on Fintech Development Guidelines with EU clients served rising to 30.7 million
Lithuania's Ministry of Finance released a two-year update on the Fintech Sector Development Guidelines for 2023–2028, highlighting sector growth and regulatory support. The report notes an increase in EU customers served by Lithuanian fintech companies to 30.7 million, with rising income and employment. The plan includes 59 actions, with 14 completed, aiming to establish Lithuania as a leading European fintech hub by 2028.