Lithuania continues to solidify its position as the EU’s largest fintech hub by license count, with new data showing remarkable resilience and maturity of the sector despite global economic challenges.
According to the newly published “Fintech Landscape in Lithuania 2024-2025 Report” by Invest Lithuania, the country’s fintech ecosystem now comprises 282 companies serving over 30 million customers across the European Union.
The report reveals that Lithuania’s fintech talent pool has expanded significantly, with the sector now employing nearly 8,000 professionals - a figure that has doubled in just five years. Looking ahead, the sector shows strong momentum with 70% of surveyed companies anticipating revenue growth in 2025, and approximately 60% expecting double-digit growth.
“Lithuania’s fintech sector has evolved from rapid expansion to sustainable growth and increasing maturity,” said Elijus Čivilis, General Manager of Invest Lithuania. “What stands out in this year’s findings is the sector’s financial self-sufficiency, with 60% of companies primarily relying on revenue funding rather than external investment. This demonstrates a healthy ecosystem where businesses can scale through their own operations - something not commonly seen in other markets.”
The payments segment continues to dominate the market share at 30%, while blockchain and cryptocurrency-focused fintechs increased from 13% to 15% of the ecosystem. According to the report, this growth in the crypto sector is expected to stabilize as the new Markets in Crypto-Assets (MiCA) regulation comes into effect, requiring licensing for such companies.
Lithuania’s fintech sector also continues to demonstrate strong diversity metrics, with women making up 46% of the overall workforce.
“Lithuania’s thriving fintech ecosystem has created meaningful opportunities for women leaders, with nearly half of the workforce being female. As more women take the lead, the industry gains not only their expertise but also fresh perspectives that fuel innovation and foster more inclusive product development,” said Erika Maslauskaitė, CEO & Co-Founder of deverium and alongID, recently recognized by Tech Funding News as one of 12 extraordinary women making a significant impact in European tech.
Lithuania’s fintech sector is becoming increasingly international, both in ownership and talent. Nearly half of the companies surveyed operate with headquarters outside Lithuania, across more than 30 countries. Meanwhile, 57% now employ international staff in their Lithuanian offices - up from 53% the year before.
The sector also shows no signs of slowing down. A large majority (88%) of fintechs plan to expand their teams in 2025, with nearly a quarter aiming to hire 10 or more new employees.