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Penki Kontinentai Group
Newsweek Europe
|February 17, 2023
From supplying hardware equipment and developing first computer programs to an international IT solutions group for banking and retail
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Lithuania has quickly established itself as the region's centre of excellence science, attracting worldwide interest from. industry giants. Doubling its tech start-ups over the last decade, Lithuania houses the EU's largest fintech sector by number of licensed companies and ranked 10th on the Global Fintech ranking. IT ranks as the highest growth sector in Lithuania's capital city, Vilnius, where 600 start-ups are based, which topped the latest Tech Start-up FDI Attraction Index. As the digital economy continues to re-map the banking sector, Lithuania has both the expertise and the talent to unlock its potential.
Penki Group's history started 1989 when one of the first Lithuanian British-American. in joint venture was established in Lithuania. Then, in 1992, Penki Kontinentai Group was registered.
Group provides technological and self service banking solutions to over 1,500+ worldwide clients and 90+ business partners, including the likes of Microsoft and Diebold Nixdorf, spanning over 80 countries.
This story is from the February 17, 2023 edition of Newsweek Europe.
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