Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

LITHUANIAN BUSINESS ANGEL NETWORK (LITBAN) LAUNCHES IN VILNIUS WITH OVERWHELMING SUCCESS

VladasLasas addresses the attendees of LitBAN event

VladasLasas addresses the attendees of LitBAN event

VladasLasas addresses the attendees of LitBAN event

VladasLasas addresses the attendees of LitBAN event

Lithuanian Business Angel Network’s (LitBAN) founding event, which took place on March 14th in Vilnius, was an overwhelming success with over 150 attendees and 50 registered paying members.

Attendees included VladasLasas, one of the best-known entrepreneurs of the region, who follows socially responsible investing principles; Ivar Siimar, founder of EstBAN, serial entrepreneur and business angel from Estonia; GytenisGalkis, one of the initiators of LitBAN and CEO at Blue Lime Labs; Tsutomu Gabriel Komori, investor from Japan and Managing Partner at Bene Asia Capital; and many others.

Strong interest in launching Business Angels Network in Lithuania sends a message that Lithuania needs such an organization that would strengthen the local and regional startup ecosystem and enable new business ideas to come to life faster.

Lithuania was the only country in the Baltic States to have no network of business angels. Networks and associations that unite angels in neighboring countries have been operating for several years now. A similar network, EstBAN in Estonia, was established in 2012, while LatBAN – the Angel Network in Latvia – has been operating since 2014.

According to GytenisGalkis, one of the founders and the managing director of LitBAN, business angels have operated individually so far in Lithuania or have occasionally partnered up for private initiatives only, so the founding of LitBAN will significantly help both startups and the development of innovation.

The founding of LitBAN is a positive development for the regional and European investors’ network as well, since it will facilitate a gateway for startups to meet Angel investors from Baltic & Nordic countries. For investors, the network will serve as deal-flow facilitation, networking, and interest representation platform.

LitBAN will foster business angel activity through communication, events, networking, and syndication of deals both locally and across Europe. It will unite wealthy individuals, entrepreneurs, and company executives interested in investing and sharing their knowledge with new entrepreneurs.

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post