A Fintech Bonanza Is Luring Foreign Cash to This Tiny EU State

Courting fintech companies is paying off for Lithuania.

For two years, the Baltic nation of 2.8 million people has promoted itself as a launchpad for hi-tech upstarts eyeing the European Union and the euro region, offering English-language services and three-month approval for licenses. Big-name companies to obtain banking and e-money permits include London-based Revolut Ltd. and Google Payment Ltd.