ESMA Didn’t Say How Lithuania’s Cross-Border Clients Jumped 5,000x. Is It Because of Revolut?
Lithuania’s cross-border retail client base grew from roughly 500 in 2022 to more than 2.5 million just two years later, making it one of Europe’s largest cross-border retail investment markets by client numbers. Finance Magnates concluded that the jump could only be attributed to Revolut. According to the Bank of Lithuania, the country had just…