Simplex, an Israeli based company providing fraudless payment processing solutions worldwide, has just opened its new Lithuanian office. As part of an overall expansion plan, the company is looking to triple its current 25 strong Lithuanian team in the next three years.
Headquartered in Israel, Simplex processes credit card payments with a 100% guarantee which ensures that, in the event of a fraud chargeback, the merchant receives payment from Simplex. The company’s cutting-edge fraud prevention solution and proprietary state-of-the-art AI technology blocks fraudulent users and allows legitimate users to complete payments with ease. At present, its Lithuanian team is responsible for compliance, customer support, onboarding, account management, and fraud monitoring. And its new Vilnius office will continue to function as the backbone of the company’s day to day operations.
As part of Simplex’s ambitious growth strategy for the next three years, all of the Lithuanian operation’s current functions are to be expanded. Moreover, the company also plans to establish a new R&D group in Lithuania which will contribute to the company’s core product and help expand its growth potential.
This expansion is a vindication of the company’s choice to set up operations in Vilnius 2017 ahead of such competition as Luxemburg, Cyprus and the UK, said Nimrod Lehavi, CEO of the company. Mr. Lehavi is positive in his evaluation of both the Fintech sector in Lithuania and the talent pool it has on offer: “Lithuania is not up-and-coming anymore, but rather one of the major global fintech hubs. We have been able to recruit excellent employees for every needed role, and one can say Simplex couldn’t have gotten to its current market leader position without establishing the Lithuanian site.”
Simplex has taken a proactive role in developing the local Fintech community. It is an active member of the FintechHub LT association and is partnering with local universities to offer students the opportunity to commence their career with the company.

The leading Finnish minerals and process technology company Metso will establish a next generation Metso Business Services center in Vilnius. The center is expected to open during the fourth quarter of 2019. Initially, the center will employ some tens of persons, but the number of personnel is expected to grow over the coming years.
Metso is a financially solid, results-driven global industrial company with its own operations in more than 50 countries and market leading positions in its product fields. As a company, it places strong focus on sustainability, employee safety and well-being, customer centricity, innovation and digitalization.
Metso has chosen Vilnius as the location for its next-generation Metso Business Services center because of its strong service center culture supporting international companies. The center will be a key location for Metso, helping to develop the company’s processes with modern technology like robotic process automation and artificial intelligence.
“The best location for the new service center turned out to be Vilnius, which has a strong service center culture supporting international companies. With this new center we aim to improve the efficiency of our business services and increase digitalization to support Metso’s growth”, says Eeva Sipilä, CFO of Metso Corporation.
“The number of Scandinavian companies that have established service centers in Lithuania has grown very fast and successfully. We are happy to welcome Metso to join our pool of shared service centers in Vilnius,” says Virginijus Sinkevičius, Minister of Economy of Republic of Lithuania states.
The recruitment process for the Metso Business Services Center has already begun in Vilnius. Metso is looking to recruit a wide range of finance professionals, said Ilkka Metsola, Director, Metso Shared Services, Metso Corporation.
The new multifunctional center will start with finance processes, later followed by logistics. The aim is to centralize the related services to gain the benefits of process harmonization, standardization and digitalization.