Introducing myTU For Business – the go-to fintech banking solution for companies across Europe 💼 In this video, myTU’s CEO, CTO, and Head of Sales dive into how myTU is transforming business finance management for companies of all sizes. From our intuitive online business tools and versatile business cards to Payouts API for secure, automated payments, myTU is here to help companies scale smoothly and thrive in today’s fast-moving market. Check out the video to learn more 👇 #myTU #Fintech #BusinessBanking #DigitalTransformation #BusinessGrowth #AutomatedPayments #InclusiveFinance #myTUForBusiness #EuropeBusiness #Innovation
About us
Established in 2019, myTU is revolutionizing banking for consumers and businesses with a cutting-edge model powered by AI and cloud technology. - The first banking platform on Google Cloud, leveraging Google’s Flutter for front-end development and Cloud Spanner for secure and scalable data management. - Employing advanced tools like Vertex AI and ChatGPT for internal processes, including customer due diligence, identity verification, AML checks, risk scoring, and more. - Fully licensed as an Electronic Money Institution (EMI) across all EU/EEA countries, regulated by the Bank of Lithuania. - Authorized as a Consumer Credit Provider by the Bank of Lithuania. - Active participant in the SEPA payment network. - Recognized as a Principal Member of VISA.
- Website
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https://www.mytu.co/
External link for myTU
- Industry
- Financial Services
- Company size
- 11-50 employees
- Headquarters
- Vilnius, Lithuania
- Type
- Privately Held
- Founded
- 2019
- Specialties
- Banking, FinTech, Digital Banking, Mobile Banking, Payment System, Loyalty Program, Online Bank, #TIME, Payments, Tourist Industry, and #myTU
Products
SEPA Instant Payments-as-a-Service solution
Financial Data APIs
The Payouts API enables secure, efficient, and automated payments, allowing to integrate our code into your systems for: - Fully automated payment workflows: Create and sign payment orders for instant loan disbursements within seconds. - Real-time tracking: Receive payment progress updates to confirm success and acceptance by clients’ banks. - Account management: Check balance, obtain account and PDF transaction statements, and monitor incoming payments via webhooks. Transactions are made from a dedicated IBAN account at myTU. We support multiple IBAN accounts per client, and our service is available 24/7/365 with guaranteed response times under one second. Integration is typically completed within 2-3 weeks, including testing. We provide dedicated IT support during integration and access to a sandbox environment that fully replicates real-world conditions, including transaction processing times and error scenarios.
Locations
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Primary
Konstitucijos pr. 7
Vilnius, Lithuania 09307, LT
Employees at myTU
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Ferdinand Tuinstra
Board member & trusted advisor.
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Tomas Navickas
CTO and Co-Founder of myTU. Hands-on and beyond with cloud infrastructure, AI, and digital banking!
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Raman Korneu, CFA
CEO, Co-Founder at myTU
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Justinas Volkus
Sales & BD @ myTU | Business accounts, Payouts API, Corporate VISA cards
Updates
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🚀 🌍 The Fintech Times highlights the inspiring efforts of Monzo, CaixaBank, and bunq in fostering greater inclusivity in banking. From supporting British Sign Language users to leveraging real-time translation and sign language interpretation, these initiatives are breaking barriers for underserved communities. 💬 Our CEO, Raman, adds a crucial perspective: "While these steps are commendable, broader challenges - like access for migrants and other underbanked populations - remain significant. Inclusivity must extend beyond accessibility, addressing systemic issues like documentation requirements and financial literacy." Read the full article here 👉 https://lnkd.in/dBHc_Dsb #myTU #Fintech #Inclusivity #Accessibility #FinancialInclusion
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🚨 Spotting and Avoiding Job Scams 🚨 Job scams are unfortunately on the rise, targeting job seekers with fake listings, advance fee demands, and offers that seem too good to be true. Here’s how to recognize and protect yourself from these fraudulent tactics: Red Flags: ⚠️ Unrealistic salary promises with little experience needed ⚠️ Pressure to accept offers quickly ⚠️ Unknown companies or individuals reaching out How to Protect Yourself: 🔐 Research job offers thoroughly 🔐 Verify companies through trusted sources 🔐 Be cautious with unfamiliar emails or social media messages Remember, if you encounter a scam, you can always report it to crime@mytu.co. Stay safe in your job search! 💼 👀 #myTU #JobScams #CareerTips #JobSeekers #JobSecurity #ScamAwareness #ProtectYourself #JobSearch
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🚀 Join the myTU team! 🚀 At myTU, we're growing fast and need passionate team players to join our journey in the exciting world of fintech! 🚀 We’re hiring for two amazing roles: 1️⃣ Corporate Sales Manager 👉 https://lnkd.in/d72iYCTz If you’re adaptable, proactive, and love the thrill of a rising business, this role is for you! 💼 You’ll: ✨ Set bold goals ✨ Create smart sales strategies ✨ Analyze trends and understand what customers need ✨ Build lasting relationships to boost our market presence 2️⃣ Junior KYC Specialist 👉 https://lnkd.in/drDmpKJF Join us to ensure smooth onboarding and compliance while keeping our customers happy and secure! 🔍 You’ll: ✨ Onboard new clients by verifying their documents and setting up accounts ✨ Monitor alerts to ensure compliance with regulations ✨ Keep client information up-to-date Ready to help us reach new heights? Let’s talk! #myTU #JoinOurTeam #SalesLeader #KYC #Fintech #Growth #Opportunity
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🌍💸 Happy International Banking Day! Today, we’re shining a spotlight on Neobanks and EMIs – the game-changers in the world of finance 🚀. Let’s dive into the key benefits they bring to managing your money 👇 ❓How have digital-first banking solutions impacted your financial journey? #InternationalBankingDay #Fintech #Innovation #DigitalBanking
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🚀 Introducing the myTU Business Visa Debit Card 🌐 We’re excited to launch the myTU Business Visa Debit Card, built to simplify expense management for businesses of all sizes across the EEA! 🔑 Key Features: ✅ Real-time expense tracking and categorization ✅ Custom limits for employees or departments ✅ Advanced API features for card issuance and management ✅ Enhanced fraud protection 💡 Issue unlimited physical and virtual cards for travel, subscriptions, software, or team budgets with full control and transparency. 💬 Raman Korneu, CEO: “We created this new offering to help businesses streamline expenses and scale efficiently.” Learn more and get started: https://lnkd.in/dXN4QXPM #myTU #BusinessBanking #Fintech #ExpenseManagement #Visa #API
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Thank you once again, Nordic Fintech Magazine, for the recognition! 🚀 Being named one of your Fintechs to Watch this fall is an honor we don’t take lightly. At myTU, our mission has always been clear: to simplify digital financial services and make them accessible to everyone 🌍. We believe finance should empower, not complicate, and that’s the driving force behind everything we do. #myTU #Teamwork #Innovation #FintechsToWatch #FutureOfFinance
🚀 Fintechs to Watch: Fall Edition 🌟 At Nordic Fintech Magazine, every quarter, our editorial team dives deep into the fintech world to find the companies that truly stand out. And for our latest Fall magazine, we've compiled our Fintechs to Watch list - featuring the innovators and disruptors that get our adrenaline pumping! 💥 This isn’t your typical list based on revenue or funding metrics. Instead, we focus on the bold visionaries behind the companies - those who are pushing boundaries, transforming industries, and shaking up the status quo with their creative energy. These are the fintechs that make us say, “Wow!” ✨ ✨ Here’s the list of fintechs we’re keeping an eye on: ➡️ myTU – Redefining digital financial services with a focus on simplicity and accessibility. ➡️ Aila Money – Revolutionizing personal finance management through AI-driven insights. ➡️ Paysafe – Transforming the way businesses and consumers make online payments, with a focus on global reach and security. ➡️ Two – Innovating in digital identity and secure authentication solutions. ➡️ Mifundo – Empowering communities with accessible, mobile-first financial solutions. ➡️ LIBERNETIX – Combining blockchain and AI to provide cutting-edge solutions for financial transparency. Check out the list and learn more about these innovative fintechs and how they’re reshaping the future of finance: https://lnkd.in/daMJXSQj 💡 Which fintech company has caught your attention this fall? Let us know in the comments! #Fintech #Innovation #Entrepreneurship #NordicFintech #FutureOfFinance #FintechsToWatch Stian Faber Chris C. Carsten Christensen Elisabeth P. Raman Korneu, CFA Kaido Saar Alexander Savy
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API (Application Programming Interface) explained so simply, even your non-tech friends will get it 🎥 😂 Watch this short and funny video to see how APIs make the magic happen behind the scenes. With the myTU Business API, businesses can streamline their payment processes, reduce costs, and boost efficiency - letting them focus on growing their business while we handle the rest. 🚀 #myTU #TechHumor #APIsMadeSimple #myTUBusinessAPI #LearnAndLaugh
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🚀 Scaling made simple with myTU API As your #business grows, managing transactions efficiently becomes a critical challenge. But growth doesn’t have to mean complexity! With myTU API, #scalability is built right in: 👉 Handle up to 432,000 #payouts per client per day effortlessly. 👉 Expand your operations seamlessly - no extra systems, no added complexity. 📈 Ready to scale smarter and focus on what matters most? Let myTU handle the heavy lifting while you drive your #business forward. #myTUforBusiness #Fintech #Innovation #API #Scalability #BusinessGrowth
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myTU is heading to Warsaw for the Future Finance Summit (powered by Future Finance Poland) next week! 🚀 Our CEO, Raman, will be there with the Lithuanian delegation 🇱🇹, ready to chat all things fintech. 💬 If you’re around, swing by and say hi - we’d love to connect. 🤝 See you in Warsaw! 🇵🇱 #Fintech #FutureFinance #Networking #myTU #Lithuania