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Published: 20 july 2021 13:43

Lithuanian fintech company recognised as creator of the most advanced lending technology in Europe

Juozas Rupšys
Juozas Rupšys
A lending technology by the international fintech company Creditonline, which is headquartered in Lithuania, was recognised as the best in Europe at the prestigious Fintech Awards 2021. The awards are hosted by the magazine Wealth & Finance, with the winners selected by a competent expert commission. This is the first such recognition of the Lithuanian fintech community at the awards hosted by Wealth & Finance.

The Fintech Awards have been hosted since 2017, and the commission dedicates significant attention to company growth, client numbers, company development, and technology development. The awards recognise companies from various fintech sectors, from payment service providers to alternative lenders.

“The victory at the awards hosted by Wealth & Finance is a massive recognition of our team, and since our company was founded, we were able to gain the trust of not only Lithuanian but also foreign companies. Clients from fifteen countries use the alternative financing platforms created by Creditonline. We have a section not only in Lithuania but also in the UK and South America,” says the founder and CEO of Creditonline, Juozas Rupšys.

This year, the company also appeared on ratings by the international research company GoodFirms. Creditonline was allocated ninth place in the global loan provider software sector.

According to Rupšys, Creditonline plans to continue investing this year to improve its lending technologies and trialling new lending technology prototypes. In addition, the company will particularly focus on expert client consultations. The company’s vision is to provide one-stop-shop services so that clients can obtain quality lending technologies from Creditonline and quality consultations on the development of their business.

About Creditonline

Creditonline currently operates across 15 countries, including Denmark, Spain, Brazil, Mexico, Switzerland and the Baltic States, with representations in Argentina and the UK. Creditonline crates consumer loan, short-term lending, leasing, factoring, refinancing, crowdfunding and other types of technological platforms, debt and loan administration systems, as well as offering risk analysis services, consulting and adapting technologies to market circumstances.

This article was edited by professional copywriter and proofreader Vicki Leigh. Find out more about her expert writing and editing services at

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