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Number of FinTech companies in Lithuania increased threefold in the last year, however the Baltic country's priority is the quality of FinTech sector rather than quantity, Vitas Vasiliauskas, chairman of Lithuania's central bank, said on November 8.
Lithuania to further promote quality standards in FinTech sector: official
© Organizatorių nuotr.

"As regards FinTech sector, we would like to see progress of quality rather than just quantitative increase. We gave a big credit of trust to FinTech companies coming to Lithuania, yet it does not mean that we will turn a blind eye," Vasiliauskas was quoted as saying by local media.

He was

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