Israel-capital company blender intends to join the Lithuanian peer-to-peer lending market after operating as provider of consumer credits in the country for six months, Verslo Žinios business daily said.
© Shutterstock

The company last week received a license from the central Bank of Lithuania as an electronic money institution necessary for the new operations.

"We operate as a peer-to-peer lending platform in Israel and Italy, with plans to do this in Lithuania, as well. I cannot specify the date yet. We have received the necessary license as an electronic money institution, so this is already public," says Paulius Tamošaitis, Blender CEO in Lithuania.

In his words, Blender has attracted more than 50 million euros worth of investments and plans to launch peer-to-peer lending operations in Republic of South Africa and South America.

Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

Number of passengers travelling from Vilnius Airport by public transport has increased almost four times

Naturally the airport in Vilnius is the centre of intensive movement to and from which thousands of...

Lithuania will be a key player in shaping the future of blockchain in Europe and the world

Blockchain will transform digital services and Europe. It is acknowledged that Europe missed out on...

Oro Navigacija starts rebranding of its image by changing its logo

While undergoing the process of modernisation, the strategic company Oro Navigacija, whose mission is...

Nine percent increase in flight number in Lithuanian airspace

During ten months of this year, air traffic controllers handled 227.5 thousand flights in Lithuanian...

Survey: every eighth person in Lithuania has private health insurance

The results of a survey conducted in Lithuania showed that every eighth person has been ensured by...