Tech Company Financing Transactions
myTU Funding Round
myTU, operating out of Vilnius, secured $10.8 million from private investors.
Transaction Overview
Company Name
Announced On
3/4/2025
Transaction Type
Venture Equity
Amount
$10,800,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to acquire, lending, and preparations for a full banking license in Lithuania.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
UAB Travel Union, Konstitucijos pr. 7
Vilnius, 09307
Lithuania
Vilnius, 09307
Lithuania
Phone
Website
Email Address
Overview
myTU is a cutting-edge fintech banking platform that delivers innovative financial solutions for a diverse range of clients. We cater to businesses, including fintech companies and enterprises managing client funds, as well as individual clients, with a particular focus on the growing segment of "mobile clients" encompassing freelancers, remote workers, migrants, and more. Our comprehensive suite of services ensures an exceptional financial experience for all.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Raman Korneu
Chief Financial Officer
Julius Ciburys
Chief Technical Officer
Tomas Navickas
VP - Bus. Development
Viktorija Navicke
VP - General Counsel
Mantas Lei�is
VP - Sales
Justinas Volkus
Browse more venture capital transactions:
Prev: 3/3/2025: Vitasense venture capital transaction
Next: 3/4/2025: Stargate Hydrogen venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. All VC database entries on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs