Bank of Lithuania

Newcomer Programme: single entry point for new market participants

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.

The Newcomer Programme


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.

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Lithuania’s FinTech landscape at a glance

The Newcomer Programme

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Newcomer Programme statistics

  • The Newcomer Programme was launched in 2017. 
  • More than 750 new market participants from over 70 countries have already participated in this programme.
  • The Lithuanian FinTech sector consists of more than 265 companies, 6000+ people.

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Why should you apply to 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.

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What are the benefits of applying to the Newcomer Programme?

  • 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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Which licence are you interested in? 

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Credit and payments market 

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Insurance and capital market 

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Apply to the Newcomer Programme

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Last update: 01-04-2020