Blog home

News

Corporate updates

TransferGo enters new stage of growth: Bank of Lithuania expands company’s EMI license

Vilma Radzevičienė

19.02.2026

2 min read

Send from

Exchange Rate

– – –

GBP 1 = NGN 2030.28232

Transfer Fee

Free – – – 0.99 0.99 USD

Receiver gets

Sign up

Please update the currency or receiver details.

Transfers from Türkiye are paused today. But don’t worry, they should be back on the next working day.

You're aiming high! Let’s try a smaller amount for now.

Please update the currency or receiver details.

Let’s try sending to another country instead.

Due to regulations, we can’t send money to this country right now. We’ll keep you posted if things change.

Let’s try sending to another country instead.

The amount is a bit too small for us. Try adding a little more.

Hmm, something’s not right. Try a different amount—or refresh this page.

Powered by Moka United

Delivered in minutes

The Bank of Lithuania has supplemented the electronic money institution (EMI) license for the fintech company Ltd TransferGo Lithuania. This enhancement enables the company to not only continue providing money transfer and payment account services but also to soon offer TransferGo cards to EU residents for everyday financial transactions.

According to Daumantas Dvilinskas, co-founder and CEO of TransferGo, the expanded license reflects the evolving expectations of customers, and the company’s long term strategy

“Over the past decade, our clients’ needs and how they use financial services have fundamentally changed. This expanded licence will allow us to offer a broader range of services and ensure even smoother everyday operations. This is a strategic step in our growth, reaffirming the core mission of TransferGo: to increase financial inclusion and ensure that both private and business customers benefit from financial technologies in their daily lives,” said Dvilinskas.

One of the leading global fintech companies, TransferGo welcomed its 9 millionth registered user last year and has been rapidly expanding its services for business customers.

About TransferGo

Founded in Lithuania over 13 years ago, TransferGo is a global fintech company providing international transfers and everyday financial services. The company’s mission is to make financial services faster, simpler, and more accessible for people and businesses worldwide. Today, TransferGo covers 160 countries and employs more than 400 people, with main offices located in London and Vilnius.

For more information:
Vilma Radzevičienė, Head of Communications
vilma.radzeviciene@transfergo.com

Follow us on social media to stay up to date on the latest product updates and new features.

About the author

Vilma Radzevičienė

Vilma Radzevičienė is a seasoned PR professional and "enthusiastic textualist" dedicated to building brand value. With experience spanning the U.S. Embassy, Vilnius University, and the finance sector, she specializes in reputation management and driving organizational growth through strategic communication.