kevin.
- Open roles
- 0
- Founded
- 2017
- Employees
- 1-10
- Offices
- 1
About kevin.
kevin. was a Lithuanian financial technology company that developed account-to-account payment infrastructure for merchants, payment providers and application developers. Its platform enabled businesses to accept payments directly from customers’ bank accounts through open banking connections, providing an alternative to traditional card payment processing.
The company’s technology addressed both online commerce and physical retail. Its online checkout infrastructure used bank payment initiation to route transactions without conventional debit or credit card acquiring networks. For physical purchases, it developed software intended to bring account-to-account payments to point-of-sale terminals, including NFC-enabled payment experiences.
Payment infrastructure
A developer-oriented platform supported integration through APIs, checkout SDKs and merchant interface toolkits. Its mobile payment capabilities allowed customers to link bank accounts for in-app transactions, while white-label infrastructure supported businesses incorporating direct bank payments into their own services. The platform was designed around the European Union’s Second Payment Services Directive, commonly known as PSD2.
The business served e-commerce, retail, parking and mobility applications, digital subscriptions and financial services. Its expansion focused on European markets and subsequently the Middle East, where it pursued relationships with payment acquirers and issuers. Its commercial proposition centered on reducing merchants’ dependence on card networks and the associated processing costs.
Financial distress and liquidation
Following its early expansion, kevin. experienced financial and operational difficulties during 2023–2024, including reported payroll delays and substantial staffing reductions. Regulatory intervention in 2024 included restrictions on onboarding new merchants and temporary supervision.
On September 19, 2024, the Vilnius Regional Court ordered insolvency proceedings. The Bank of Lithuania revoked the company’s payment institution licence on September 26, citing failures to meet capital requirements. As of the supplied November 2026 research, the company was in bankruptcy liquidation, its payment processing services were inactive and its public website domains were non-operational.
More about kevin.
Founders
Tadas Tamošiūnas and Pavel Sokolovas co-founded the business. The research identifies their historical executive roles as chief executive officer and chief operating officer, respectively; these do not establish continuing executive appointments during liquidation.
Funding milestones
The company raised a $10 million seed round in October 2021 and a $65 million Series A in May 2022. Accel led the Series A, with participation from Eurazeo, OTB Ventures and Speedinvest.
Merchant collaboration
Baltic parking operator UniPark reported payment processing savings of up to 80% after adopting the company's payment technology. This was a merchant-reported result rather than a universal savings guarantee.
Notable credits
4 creditsOffices
Current and former locations of kevin.
- Lvivo g. 25-104, LT-09320 Vilnius, LithuaniaVilnius, Vilnius County, Lithuania
Vilnius Headquarters
HeadquartersRegistered company headquarters retained during bankruptcy liquidation; historically the engineering and executive office.
- Dubai, United Arab Emirates
Dubai Regional Office
Former officeAbout this office
Historical Middle East expansion office, led by Managing Director Alexandra Pimshteyn. The report places its opening in late 2023 or early 2024 without establishing a closure year.
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