Lithuania is a top EU fintech hub. But its VC scene is small. Many fintechs are bootstrapped EMIs. Here are 12 investors backing Vilnius fintech startups in 2026.
Lithuania licenses a large share of Europe's fintechs, and Vilnius sits at the centre of that boom. The city leads the EU on fintech firm count, drawing founders who want a regulated base inside the single market.
Local venture capital, though, stays modest in size. Many fintechs grow without it, leaning on early revenue rather than outside cheques.
A handful of funds back the new wave, and public money fills some of the gap. Between them they cover seed rounds, growth credit, and the EU programmes behind the local scene.
You will likely pitch a mix of funds and licensed EMIs. Ellty puts your deck, metrics, and licences behind one shareable link so every party sees the same data.
| Type | Check size | Sector focus | Website | |
|---|---|---|---|---|
| Practica Capital | Lithuanian VC (flagship) | ~EUR1M-EUR8M | Generalist, fintech, regtech | practica.vc |
| FIRSTPICK | Accelerator-VC | ~EUR100K-EUR1M | Fintech, SaaS, deeptech | firstpick.vc |
| Coinvest Capital | State/EU co-investment fund | Co-invests with leads | Sector-agnostic, fintech | coinvest.lt |
| NGL Ventures | Angel syndicate | ~EUR300K-EUR1M | Early-stage, fintech | ngl.vc |
| BSV Ventures | Lithuanian VC | ~EUR125K-EUR400K | Fintech, deeptech, life science | bsv.ventures |
| Multitude | Strategic credit investor | Credit facilities (EUR M) | Lending, consumer finance | multitude.com |
| Plug and Play | Global accelerator-VC | Accelerator tickets | Fintech, broad tech | plugandplaytechcenter.com |
| Tera Ventures | Estonian VC (Baltic) | Seed, ~EUR1M | Fintech, security, SaaS | tera.vc |
| LitCapital | Lithuanian growth fund | Growth (EUR M) | Growth SMEs, some fintech | litcapital.lt |
| Startup Wise Guys | Baltic accelerator | ~EUR100K | Fintech, SaaS, B2B | startupwiseguys.com |
| Iron Wolf Capital | Lithuanian VC | Seed to Series A | Deeptech, AI, historic fintech | ironwolfcapital.com |
| EIF | Public institutional (EU) | LP into funds | Backs Lithuanian VC funds | eif.org |
Pitch funds and EU capital from one link
Fintech investors check users, licenses, and risk fast. Ellty shows who opened your numbers so you follow up first.
Start free 14-day trialWhat a fintech investor backs
Fintech investors want to see real users and genuine transaction volume. Clean unit economics matter just as much as headline growth.
They watch licences and risk closely, since regulation shapes the whole business. In this sector compliance is not optional, and a credible plan for it earns trust early.
A clear model wins the room, and a sharp pitch deck helps you tell that story. Numbers framed well beat a wall of features every time.
Ellty gives each fund one link to your data and licences. You then see who opens your deck and how far they read.
Lithuania gave us the regulatory framework and the ambition to build capital-markets infrastructure for all of Europe.
12 Vilnius fintech investors
1. Practica Capital
Practica is Lithuania's flagship VC.
Recent Activity: Led AML startup AMLYZE's 2024 seed
LinkedIn: Practica Capital LinkedIn
Sector Focus: Generalist, fintech, regtech
Stage Focus: Seed, Series A
Check Size: ~EUR1M-EUR8M
Location: Vilnius, Lithuania
Website: practica.vc
2. FIRSTPICK
FIRSTPICK backs early Baltic fintech.
Recent Activity: Backed AMLYZE and led Softloans in 2024
LinkedIn: FIRSTPICK LinkedIn
Sector Focus: Fintech, SaaS, deeptech
Stage Focus: Pre-seed, seed
Check Size: ~EUR100K-EUR1M
Location: Vilnius, Lithuania
Website: firstpick.vc
3. Coinvest Capital
Coinvest is a state and EU co-investor.
Recent Activity: Co-invested in AMLYZE and Axiology
Sector Focus: Sector-agnostic, fintech
Stage Focus: Seed, early
Check Size: Co-invests with leads
Location: Vilnius, Lithuania
Website: coinvest.lt
4. NGL Ventures
NGL runs a large Lithuanian angel syndicate.
Recent Activity: Its angels backed AMLYZE and Axiology
Sector Focus: Early-stage, fintech
Stage Focus: Pre-seed, seed
Check Size: ~EUR300K-EUR1M
Location: Vilnius, Lithuania
Website: ngl.vc
5. BSV Ventures
BSV backs Baltic deep tech and fintech.
Recent Activity: Backed capital-markets startup Axiology
Sector Focus: Fintech, deeptech, life science
Stage Focus: Pre-seed, seed
Check Size: ~EUR125K-EUR400K
Location: Vilnius, Lithuania
Website: bsv.ventures
6. Multitude
Multitude lends to fintech lenders.
Recent Activity: Lent EUR14M to lender HeavyFinance
Sector Focus: Lending, consumer finance
Stage Focus: Growth, credit
Check Size: Credit facilities (EUR M)
Location: Malta and Finland
Website: multitude.com
Give each fintech fund one trackable link
Ellty logs when a fund opens your data room. Chase the keen ones first, not days too late.
Start free 14-day trial7. Plug and Play
Plug and Play runs global fintech programs.
Recent Activity: Joined Axiology's 2026 round
Sector Focus: Fintech, broad tech
Stage Focus: Seed
Check Size: Accelerator tickets
Location: Sunnyvale, USA
Website: plugandplaytechcenter.com
8. Tera Ventures
Tera backs Baltic fintech and security.
Recent Activity: Backs Baltic fintech and security
Sector Focus: Fintech, security, SaaS
Stage Focus: Seed, early
Check Size: Seed, ~EUR1M
Location: Tallinn, Estonia
Website: tera.vc
9. LitCapital
LitCapital backs growth-stage SMEs.
Recent Activity: An early backer of Ondato
Sector Focus: Growth SMEs, some fintech
Stage Focus: Growth
Check Size: Growth (EUR M)
Location: Vilnius, Lithuania
Website: litcapital.lt
10. Startup Wise Guys
Startup Wise Guys accelerates Baltic fintech.
Recent Activity: An early backer of Ondato
Sector Focus: Fintech, SaaS, B2B
Stage Focus: Pre-seed
Check Size: ~EUR100K
Location: Tallinn, Estonia
Website: startupwiseguys.com
11. Iron Wolf Capital
Iron Wolf is a major Lithuanian VC.
Recent Activity: A major LT VC, now deeptech-focused
Sector Focus: Deeptech, AI, historic fintech
Stage Focus: Seed to Series A
Check Size: Seed to Series A
Location: Vilnius and London
Website: ironwolfcapital.com
12. EIF
The EIF backs Lithuanian VC funds.
Recent Activity: Backs Lithuanian VC funds
Sector Focus: Backs VC funds across sectors
Stage Focus: Fund LP
Check Size: LP into funds
Location: Luxembourg
Website: eif.org
Why so many fintechs bootstrap
Lithuania hands out EMI licences at pace, and that changes the funding maths. Many fintechs start earning from licensed services early in their life.
They scale on revenue rather than venture capital. Some never raise an outside round at all, and still reach real size.
If you do decide to raise, it pays to pitch widely across funds and angels. Our Hanoi fintech guide shows how a different hub approaches the same problem.
Ellty shows you who actually studies your deck. You track every open in one place and follow up where the interest is real.
What fintech areas get funded
Regtech and AML lead the deal flow in Vilnius. AMLYZE drew real money and set a marker for the category.
Lending and payments keep growing alongside them. Capital-markets infrastructure is rising fast, with Axiology a clear example.
Show traction and a credible licence path to stand out. Run clean due diligence prep so nothing stalls the round.
Ellty logs who reads your numbers and how closely. That helps you keep investor relations warm through the process.
Raising fintech money in Vilnius
Line up local and EU funds before you start, and aim to secure a lead. A lead investor sets the pace and gives others confidence to follow.
Keep every document in one virtual data room so nothing is scattered. You can then share the whole package in a single click.
Control who sees what with granular permissions. You track each viewer and adjust access as talks progress.
Ellty logs reads with document analytics on every file. Those signals show you where the real interest sits.
How to pitch a fintech investor
Show real users and volume.
- 1.Show real users and volume.Prove the model works with live numbers, not projections. Lead with active users, transaction volume, and the unit economics behind them.
- 2.Map your license and risk plan.Make your compliance position clear from the first slide. Spell out which licences you hold or target and how you manage regulatory risk.
- 3.Name your raise and runway.Keep the ask tight and specific to the round. State how much you want, what it buys, and how many months of runway it adds.
- 4.Send one Ellty link to your data.Share a single trackable link to your deck and data room. You then see exactly who digs in and how far they read.
How Ellty helps you land a fintech investor in Vilnius
You have your Vilnius fintech list ready. Set up a data room before the first call.
- 1.Upload your deck, metrics, and licenses.Set access per fund.
- 2.Share one trackable link per fund.Each fund gets a unique link.
- 3.Watch opens and reply on time.Use analytics to time each nudge.
Vilnius fintech investor questions
- Local VCs and EU money. Angels back it too.
- Yes, the EU's largest. Hundreds of fintechs here.
- Not always. Many bootstrap on EMI income.
- Regtech, lending, payments. Capital-markets tech too.
- Seed runs EUR1M to EUR3M. Growth goes higher.
- Before your first investor call. Track who opens your numbers.
