PAYSTRAX creates150 new fintech jobs in Lithuania as it scales operations

PAYSTRAX, an international payment acquiring company headquartered in Vilnius, is accelerating its growth in Lithuania. The company plans to hire up to 75 new specialists in 2026 and bring on up to 150 new employees over the next three years.

Founded in Lithuania by two Icelandic entrepreneurs in 2018, PAYSTRAX has grown from a startup to an established payments provider with more than 150 employees across six European offices. 

The expansion will span both of PAYSTRAX’s Lithuanian locations – in Vilnius and Klaipėda – and will focus on strengthening the company’s IT, finance, marketing, account management, operations, and onboarding capabilities. In Klaipėda, PAYSTRAX has already moved into larger premises, and in Vilnius it added a second floor at its office to accommodate the growing team. 

"Lithuania has been the heart of PAYSTRAX since day one. The talent, the ecosystem, and the work culture here have been instrumental to our growth – from our very first hires to becoming an award-winning international payments company. This expansion reflects our confidence in Lithuania as the right place to build the next generation of payment solutions", said Johannes Ingi Kolbeinsson, Group CEO and co-founder of PAYSTRAX

PAYSTRAX operates as a principal-level payment card acquirer with licences from both Visa and Mastercard, serving online and point-of-sale merchants across 24 countries in the EEA and the UK. As part of its growth strategy, the company is developing new products and services, including more e-commerce platform integrations, a merchant portal with live business intelligence reporting, card payout capabilities, stablecoin settlements, and a Payment Facilitator (PayFac) service that enables platforms and marketplaces to manage payment acceptance at scale. 

"We are building more of our technology in-house, which means we need strong IT talent, but we are also investing in marketing, customer success, and compliance. We are looking for both experienced professionals and ambitious newcomers who want to grow in fintech. Our hybrid working model means we can attract talent from across Lithuania, not just from the cities where our offices are located", said Monika Kareckaitė-Šiupinienė, Group CHRO of PAYSTRAX.