Having obtained an Electronic Money Institution licence, financial technology start-up Stanhope Financial is opening an office in Vilnius to serve clients in EU.
Stanhope Financial is a tier one banking services provider targeting small and medium sized business on a global scale. The company raised $3.5M in its first funding round in November for global expansion offering a suite of specialist services, including FX payments, treasury services and access to financing.
In Lithuania, Stanhope Financial will continue developing the product part and serve SME’s in EU.
More: https://investlithuania.com/news/after-raising-35m-stanhope-financial-opens-eu-headquarters-in-lithuania/