Renata Sumskaite appointed as Curve’s CEO and Head of Lithuania

Quick-growing monetary app Curve has appointed Renata Sumskaite as CEO and Head of Curve Lithuania to spearhead innovation and product improvement on the group.

Previous to Curve, Renata was the Head of Fintech hub’ Rise Vilnius’ by Barclays and was additionally Head of the Barclaycard Change Supply workforce in Lithuania. Renata brings robust relationships and deep native data of the fintech panorama in Lithuania.

“…Working on this setting is inspirational, supporting and driving Curve’s deeper penetration and rising its product footprint in Europe. Curve’s European prospects will profit from our skill to turbo-charge the banking expertise, bringing 21st-century cash administration to many hundreds of thousands, which has been essential throughout these altering occasions,” Renata mentioned in an announcement.

Based in 2015, Curve is on a mission to simplify the way in which individuals spend, ship, see and lower your expenses. Its cellular platform permits prospects to handle their spending on all linked playing cards and entry a rising variety of options, together with contactless and cellular funds.

With Curve, prospects can modernize their banking with out altering their banks, protecting their hard-earned cash within the banks they know and belief.

Lithuania’s regulatory setting is strong, with a authorities stimulus program that welcomes and helps the institution of world fintechs.

Current channels similar to Make investments Lithuania and the Fintech Newcomer Programme are lively in supporting new entrants, as is the Financial institution of Lithuania, and the three work collectively to help development and collaboration within the sector. A low company tax and a aggressive value base help this favorable mixture to make Lithuania a prime contender for the fintech capital of Europe.

Curve Founder and CEO Shachar Bialick, mentioned:

“…Curve’s merchandise consistent with market developments and past. Lithuania is dwelling to innovation-friendly regulation and a vibrant fintech group, together with a large engineering expertise pool. These had been a major draw for Curve, and can assist maximise our development round Europe.”