Newcomer Programme

The Newcomer Programme helps potential financial market participants evaluate their opportunities in Lithuania and gives an insight on legislative and licensing requirements for businesses aiming to commence their activities in the country.

Source: Bank of Lithuania
Developing a FinTech-conducive regulatory and supervisory ecosystem as well as fostering innovation in the financial sector is one of the Bank of Lithuania’s strategic directions. Together with other state authorities, the Bank of Lithuania aims at creating a FinTech-friendly environment that would attract new companies and encourage them to incubate new products in the country.

Source: Invest Lithuania The Newcomer Programme is globally recognized and has won the prestigious 'Fintech Regtech Global Award 2023' by the international financial news portal and magazine 'Central Banking'. Read more here. The Newcomer Programme is included in the 2023-2028 strategic action plan for the development of the financial technology (fintech) sector in Lithuania. Read more here.

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The Newcomer Programme

If you intend to establish a company in Lithuania and do not have the necessary knowledge of legislation and licensing requirements.
If you have established a company in Lithuania and are interested in development and obtaining a licence.
If you have established a company outside Europe and are considering expansion opportunities in Europe.
If your company operates in Europe, but you want to expand your business to the Baltic countries or become part of the Lithuanian FinTech community.

Basic information about licensing and financial services in Lithuania.
Ability to check whether your future plans meet regulatory and licensing requirements.
Opportunity to present your business plan to the representatives of the Bank of Lithuania and ask them any regulatory questions.
Opportunity to establish an open and straightforward connection with the regulator.

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