The European Merchant Bank (trading as EMBank) is a Lithuanian digital neo bank established in 2018.[1] The bank focuses on Small and medium-sized enterprises (SMEs) in the fintech space.[2][3][4]
EMBank was founded in 2018 in Lithuania. On 14 December 2018, the bank received a banking license from the European Central Bank.[5][6][7]
By the end of 2021, Bank’s business loans reached €29.7 billion.[9] That same year EMBank managed to break even.[10][11][12]
In 2022, the bank was involved in a trademark dispute with the mBank and the European Union Intellectual Property Office regarding the bank's name.[13][14]
The bank offers a number of financial products and services:
The bank has been a member of Lithuanian Banking Association since establishment, and a member of FinTech Hub LT and Fintech LT associations.[22]
EMBank has also partnered with Mastercard.[23]
The company is a regular participant of specialized conferences and meetings as Money2020 (Amsterdam, Las Vegas), Finovate (London, New York),[24] (Amsterdam) etc.[25]
