Ernesta Karosaite Maciuitiene’s Post

A #fintech subsidiary of Vinted, the online second-hand fashion marketplace that became Lithuania’s first unicorn in 2019, has received an #emoney institution license from the Lietuvos bankas | Bank of Lithuania. Vinted is now entering the world of finance with the ability to issue electronic money and provide payment services. Lithuanian-licensed payment institutions currently serve about 25 million customers across the EU, accounting for about ten percent of the bloc’s adult population and “It is highly likely that this number could nearly double in a relatively short time,” according to a quote attributed to Simonas Krėpšta, a member of the central bank’s board. Vinted companies employ more than 1,800 people. It became Lithuania’s first unicorn, a startup with a valuation of over 1 billion US dollars, in 2019.

Discover boundless opportunities with GIFT City's latest game-changer—the Liquor Permit System! Key Highlights: 🍹 Enhanced Lifestyle: Elevate your experience within GIFT City premises. 🌐 Progressive Outlook: Signal adaptability, enhancing global appeal. 💸 Economic Boost: Drive local growth through increased spending. Strategic Brilliance: Beyond mere convenience, the Liquor Permit System strategically propels GIFT City to lead the global financial arena. 🎯 City Highlights: 1. 🏛️ Financial Hub: Home to global banks, insurance giants, and financial institutions. 2. 💻 Tech Innovation: Fostering startups, IT services, and cutting-edge tech. 3. 🚀 Fintech Hub: Pioneering financial technologies and blockchain solutions. 4. 🕴️ Professional Excellence: Offering legal, accounting, and professional services. Infrastructure Perks: 🏢 Seamless Operations: Effortless business setup with single-window clearance. 🛡️ Duty Exemptions: Relief from stamp duty and registration charges. 📈 Incentives Galore: Development perks for a cost-effective business establishment. 🌐 Global Connectivity: Direct flights to major financial hubs. Financial Advantages: 💰 Tax Incentives: 100% tax exemption for a decade. 📊 GST Benefits: No GST on various services within IFSC. 🌐 Global Vision: Shaping the future of finance and business in India. Tech Prowess: 🚀 Lightning Speed: State-of-the-art data centres and internet infrastructure. 🌱 Green Practices: Sustainable development with eco-friendly initiatives. Numbers Speak: 🏢 Diverse Ecosystem: 2,000+ Companies thriving across industries. 🧑💼 Skilled Workforce: 16,000+ Professionals ready in finance, tech, and more. 💼 FDI Confidence: USD 50 Billion since inception. 🌏 Expansive Growth: From 886 Hectares to nearly 3,430 acres. Beyond Stats: 🚀 Gateway to Prosperity: Tap into India’s USD 5 trillion GDP by 2025. 🧠 Innovation Hub: Collaborate with 850+ startups in a dynamic ecosystem. 👥 Top-Tier Talent: 10,000+ professionals ready to elevate your team. Connect with PayCompliance for a regulatory journey ensuring compliance and success in GIFT City, India. 🌐🚀💼 #GIFTCity #GlobalFinance #InnovationHub #GIFTedOpportunities #FutureOfFinance #GIFTingInnovation #GlobalBusinessHub #SmartCityRevolution #TechInGIFT #EconomicElevation #CityOfInnovation #FintechFrontiers #GIFTCityGrowth https://lnkd.in/dDybpHNX

Adyen, the global financial platform of choice for leading companies, is pleased to announce that the company is entering a partnership with Straumur, a subsidiary of Kvika. Straumur is a payment provider that processes payments in several verticals on the Icelandic market, including but not limited to grocery stores, restaurants, pharmacies and gas stations. Straumur currently processes approximately 25% of the payments within the Icelandic market. Their payments infrastructure includes in-person payments, e-commerce and apps for their 1700 merchants. The collaboration means that Adyen will act as the card acquiring bank for Straumur’s operations. Together, the parties will create simpler and more seamless payments for Straumur’s merchants and end-consumers. Source: https://lnkd.in/eqq9kRpC #fintech #payments #digitalpayments #paymentservices #paytech #financialtechnology #financialservices

It’s been a while since I posted, but my first 5 months at Time Products (UK) Limited have flown by and I couldn’t be happier to be part of the amazing E-commerce team for Sekonda and Accurist Watches Ltd! Although trading has been tough for everyone no matter the sector, it’s great to see year on year growth for the site - here’s some amazing things we’ve already achieved in a short space of time; - Record high revenue weeks - Introducing PayPal pay in 3 to give greater payment flexibility to customers - Revised email strategy delivering some huge numbers - Numerous product launches, including the new smart range which looks like it will be a huge hit - launching international delivery for Accurist Watches Ltd Plus a number of hugely exciting projects on the horizon 👀 #ecommerce #ecommercegrowth #ecommercesuccess

😳 We didn't know this was a trend in Retail and Payments! At the recent Fintech Day, we had the incredible opportunity to dive deep into conversation with Justas Cerniauskas, the driving force behind payments at Vinted, the pre owned platform taking over Europe! As the Program Manager for Payments, Justas is a key figure in making stylish sustainability an easy first choice for consumers. Here's a glimpse into how Vinted is revolutionizing the fashion industry: ✨ Empowering Sustainable Choices: Vinted is on a mission to place second-hand fashion at the forefront. By refining the payment experience and logistics, they're making sustainable shopping seamlessly attractive. 🌍 Expanding European Footprint: Leveraging a European license, Vinted is poised to widen its influence across the continent, enhancing the second-hand market's accessibility and appeal. 💡 Innovating with Integrity: With a keen eye on innovation, Vinted is committed to offering low-cost, frictionless payment options while handling customer data with the utmost responsibility. Reflecting on the vibrant Fintech Day in Vilnius🇱🇹, Justas highlighted the enriching community and the exceptional networking the event facilitated. He spotlighted Lithuania's significant contribution to the fintech world, inviting enthusiasts to explore the Baltic region's quietly powerful fintech scene. Don't miss the full interview with Justas here 👉 https://lnkd.in/djsrQAbx Follow our page for more eye opening content like this ROCKIT Vilnius Justas Cerniauskas Chris Crespo Kamile M. Ditte Gerner Dyhr Carsten Christensen Lina Žemaitytė - Kirkman Edita Iškauskaitė Damián Džamba Stian Faber #payments #paymentsinnovation #retail

At #CoralCommerce we’re been on a path of learning, setting out to discover what the markets we focus on really need. As a founding member of the CoralCommerce community I had to start that by learning how to listen again 👀 Due to the Brexit fiasco on EU passporting, when this community launched in 2019/20, we chose to focus on several markets, but start in Africa. Wow, what an extraordinary continent that is discovering it has the talent, the resources and the drive to become a super power in many industries, but for us especially in fintech. Fifty four amazing countries brimming with people that are so creative it will astonish you, working on a continent larger than all continents except Asia. We’ve had the privilege of working with big and starter brands here this past three years, each making a positive mark in their respective markets. Every one of these brands have zero spin, no social media noise, just hard working teams taking on some fantastic goals with enthusiasm and passion. Africa remains our favorite market as a result, young vibrant and explosive! #digital #payments #growth

For the latest issue of our 🎯 Cross-Border Payments and Ecommerce Report, we had the chance to interview Juan Pablo Ortega, CEO and Co-Founder of Yuno. Explore the complete interview on page 99 of our #free to download report to learn more about: ✔️ Current trends and growth markets in global e-commerce; ✔️ Tips for optimising payment strategies to ensure a successful international expansion; ✔️Insights into Yuno’s history so far; ✔️The next significant developments in the payments industry and how merchants can stay at the forefront in the coming years. 🚨 Get the full scoop today📥 https://bit.ly/48sqKQX #ThePaypers #report #crossborderpayments #crossborderecommerce #ecommerce #currenttrends #emergingmarkets #expansion #fraud #optimisingpayments #paymentorchestration 

🌟 通过丰富的分期付款服务，促进我们的跨境客户更加迅速的达成销售。同时，我们也与拉丁美洲的主要收单行和发卡行接洽，努力为跨境客户争取到最具竞争力的分期利率。 By offering installment payments, we aim to make the purchasing process smoother and more manageable. And also we're committed to going the extra mile for our cross-boarder clients. By engaging directly with leading acquirers and issuers in Latin America (LATAM), we strive to secure the most competitive rates for our cross-boarder clients. #Card #Installment #LATAMMarket #ClientSuccess #Paymentsolutions #crossboarder #Ebanx

Unlocking Growth Opportunities for B2B Merchants with Buy Now Pay Later (BNPL) Buy Now Pay Later (BNPL) has revolutionized B2B Commerce platforms by offering flexible financing solutions designed to empower Merchants and accelerate business expansion. ⛽Fuel Your Business Growth - Empower Merchants: Offer flexible payment options that cater to their unique cash flow needs. - Boost Sales: Enable larger purchases by removing financial barriers at checkout. - Enhance Loyalty: Build strong customer relationships through convenient financing options. - Stay Competitive: Stand out in the market with innovative payment solutions. 💳Why Flexible Financing Matters - Accessibility: Level the playing field for Merchants, regardless of size or financial background. - Adaptability: Customize payment terms to suit diverse business requirements. - Innovation: Stay ahead of the curve by embracing modern payment solutions. ✴Join the Revolution: At KoinWorks, our mission is to help businesses succeed in today's fast-paced market. That's why we're excited to introduce KoinPayler, a cutting-edge financing solution crafted specifically for B2B enterprises, aimed at driving growth and success. Together, let's empower Merchants and drive B2B growth to new heights! Let's connect! https://lnkd.in/gUbJ3sGN Ingrid Claudia Elianne Inthe Henry Ega Kurniawan Is Dayanti Seina Rizky Priambodo #B2BCommerce #MerchantEmpowerment #BusinessGrowth #flexiblefinancing