{"id":7574,"date":"2017-03-10T13:29:58","date_gmt":"2017-03-10T13:29:58","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=7574"},"modified":"2018-08-08T05:43:31","modified_gmt":"2018-08-08T05:43:31","slug":"blender-secures-e-money-license-in-lithuania-paving-way-to-europe","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/blender-secures-e-money-license-in-lithuania-paving-way-to-europe\/","title":{"rendered":"BLender secures E-Money license in Lithuania, paving way to Europe"},"content":{"rendered":"<p>BLender, an Israeli-based lending platform active in Italy, Israel and Lithuania, is planning to expand its operations to two additional Baltic countries and Southeast Asia this year. BLender funds loans through peer-to-peer, balance sheet and partner institutions, whichever is appropriate for the particular circumstances.<\/p>\n<p>BLender secured an e-money license from the Central Bank of the Republic of Lithuania on February 14, 2017. The license allows BLender:<\/p>\n<ul>\n<li>to issue and distribute e-money<\/li>\n<li>maintain payment account operations (i.e. cash deposits\/withdrawals and credit card payments)<\/li>\n<li>complete money remittances<\/li>\n<li>perform digital transfers<\/li>\n<\/ul>\n<p>Since Lithuania is a member of the European Union, the license applies to the other 27 EU member states. According to Gal Aviv, BLender CEO, the goal is to expand credit access in places where there isn\u2019t enough and to provide cutting edge digital tools to lending institutions.<\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-7574 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='How FinTech is helping the unbanked and underbanked'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/how-fintech-is-helping-the-unbanked-and-underbanked\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/09\/how-fintech-is-helping-the-unbanked-and-underbanked-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-11021\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-11021'>\n\t\t\t\tHow FinTech is helping the unbanked and underbanked\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='A Quick Look at Big Tech Lending to SMEs'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/a-quick-look-at-big-tech-lending-to-smes\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2022\/09\/ad9c7b4b-f6a0-4c15-4199-0e3f27e139901-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-16831\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-16831'>\n\t\t\t\tA Quick Look at Big Tech Lending to SMEs\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Taking the internet out of IoT'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/taking-the-internet-out-of-iot\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/12\/taking-the-internet-out-of-iot-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-11866\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-11866'>\n\t\t\t\tTaking the internet out of IoT\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>BLender, an Israeli-based lending platform active in Italy, Israel and Lithuania, is planning to expand its operations to two additional Baltic countries and Southeast Asia this year. BLender funds loans through peer-to-peer, balance sheet and partner institutions, whichever is appropriate for the particular circumstances. BLender secured an e-money license from the Central Bank of the &hellip;<\/p>\n","protected":false},"author":7,"featured_media":7873,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,308],"tags":[400,129,70],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/7574"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=7574"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/7574\/revisions"}],"predecessor-version":[{"id":7575,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/7574\/revisions\/7575"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/7873"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=7574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=7574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=7574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}