Fintech Ranking: 10 FinTech Predictions for Asia in 2017

Henri Arslanian for LTP

In 2016, FinTech went mainstream. So what can we expect for 2017?E-commerce

  1. Forget the unicorns… Watch out for the Chinese dragons instead!

China is the global leader in many aspects of B2C FinTech, with firms such as Tencent and Lufax deploying innovative ways to deliver financial services to millions of customers. For example, Ant Financial’s money market fund, Yu’e Bao, is now the third-largest money market fund in the world and ZhongAn’s online insurance offering has more than 350 million customers. However, very few outside of China are aware of these firms and appreciate how advanced their offerings are compared to their peers in the West.

Information source: Fintech Ranking

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FinExtra: Five Key Trends that will see FinTech Enhance its Role and Impact in 2017

Michael Carter

There is no doubt that 2017 is set to be another exciting year for FinTech as 2016 draws to a close, paving the way for more forward thinking and disruptive innovations. Reflecting on a year where FinTech has shown its capability to challenge traditional models, help business and consumers secure better deals, provide better value and faster, more streamlined processes and tools, here are my five predictions for the industry in 2017.

Information source: FinExtra

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New wording of the Lithuanian Construction Law: the new things for real estate builders and developers

Daiva Čekanavičienė, Associate at Law Firm GLIMSTEDT

On 1 January 2017, a new wording of the Lithuanian Construction Law has entered into effect, offering some changes in regulation and procedures. Here, I will cover some of the essentials, which will have a direct bearing on real estate builders and developers.

Continue reading New wording of the Lithuanian Construction Law: the new things for real estate builders and developers

Happy New Year!

“Opportunity is missed by most people because it is dressed in overalls and looks like work.”
Thom Edison

Let the New Year will be full of new experience and inspiration, let it bring to you opportunities, which you will take advantage of.

Happy New Year 2017!

TNW: Lithuania: Up-and-coming startup ecosystem with talent and ideas

lithuaniaAndrii Degeler

More than 25 years have passed since the Soviet Union collapsed, which resulted in 15 countries being free from the central administration and the communist ideology. The three Baltic states — Estonia, Latvia, and Lithuania — were the first to declare independence and officially secede from the USSR.

The three countries still have a powerful presence within the avant-garde of the post-Soviet republics in terms of technology entrepreneurship and government support of innovation.

Information source: TNW

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Bored Panda: Unique Christmas Tree illuminated by 50,000 lightbulbs opens festive season in Vilnius

On the evening of Nvilniaus-kaledu-egluteovember 26, 2016, the spirit of Christmas came to Vilnius as the Christmas Tree was lit at the Cathedral Square. Building on the success of last year’s Christmas Tree which was nominated as one of the best in the world by The Guardian, this year’s tree was promised to be even better, as it casts a net lit with 50,000 lightbulbs over the ‘Christmas Town’ festive market in the center of the square.

Information source: Bored Panda

Image source: DELFI

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