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British financial technology company Tide plans to expand its technology centre in Lithuania, creating 60 to 70 new jobs over the next three years, according to the country’s investment promotion agency Invest Lithuania.
The business management platform aims to strengthen its engineering capabilities and will primarily hire software engineers and mobile app developers, the agency said in a statement. “Lithuania has an abundance of top-tier engineers, a thriving fintech ecosystem, and a culture open to innovation,” Tide Chief Product Officer Vinay Ramani said. “Our partnership with Architus helped us discover this exceptional talent pool and lay a strong foundation for our new technology hub.” Tide opened its Lithuanian technology centre in 2024. The Vilnius-based unit develops new products and provides services for customers in the United Kingdom, India, Germany, and France. It currently employs 34 engineers. Other Tide tech centres operate in Serbia and Romania. The company recently raised $120 million in fresh funding, bringing its valuation to $1.5 billion. The investment will support international expansion, further development of the Lithuanian hub, and faster integration of artificial intelligence solutions, Tide said. Comments are closed.
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