Lithuania's Ministry of Finance used remarks by Vice-Minister of Finance Januš Kizenevic at New York Fintech Week to position Lithuania as a base for US fintech firms entering the European Union. He highlighted access to the full EU market through Lithuania's licensing and regulatory environment, alongside a technology and talent base and a start-up ecosystem capable of building globally competitive companies. The remarks framed risk management, compliance and sustainable growth as core elements of Lithuania's financial technology strategy. Kizenevic said regulatory, risk and compliance requirements are becoming increasingly important for financial institutions and described Lithuania as offering one of Europe's most transparent and efficient licensing processes, with licensed firms able to reach up to 450 million users across the EU. He also pointed to Lithuania's early implementation of the International Monetary Fund and World Bank Financial Technology Agenda, Lithuania's position as the EU's largest financial technology hub by number of licences issued, and the country's experience in financial technology, cybersecurity and e-commerce. In cybersecurity, Lithuania ranked second in Central and Eastern Europe for security risk capital investments in 2024, while the government is pursuing a national cybersecurity strategy focused on public-private cooperation and research and development. During his 25-29 April working visit to New York, Kizenevic was also meeting representatives of the US financial sector, regulators and the executive branch.

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