myTU logo — BANKING MADE SIMPLE. CLOUD-FIRST. AI AT THE CORE.

myTU

BANKING MADE SIMPLE. CLOUD-FIRST. AI AT THE CORE.

Founded 2019 Lithuania Lithuania 29 employees Series A Total: $16.00M Finance, Financial Services +4

General Information

Company Name myTU
Founded Year 2019
Location Lithuania Lithuania
Founders / Decision Makers
Team member
Employees 29
Industries Finance, Financial Services, Fintech +3
Funding Stage Series A
Business Model B2C, B2B, Platform
Revenue Model Transaction Fee, Usage Based, Tiered Pricing
Social

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AI Insight

Bounce Watch AI
1 month ago

myTU is rapidly gaining industry recognition and solidifying its strategic position, as evidenced by its recent acknowledgment as a "Fintech to Watch" by Nordic Fintech Magazine. This market validation, coupled with the CEO's upcoming speaking engagement on embedded finance and AI, highlights myTU's commitment to thought leadership and reinforces its cutting-edge, AI-powered banking model. These developments underscore a strategic push for increased visibility and market penetration following its Series A funding round.

Signal Types
Recognition Event Participation
Strategic Labels
Market Validation Thought Leadership Strategic Positioning
Next Move: Fundraising
·
Impact: 7/10
·
Ideal For: Fintech VCs, AI Growth Investors

About myTU

myTU is a financial technology company based in Vilnius, Lithuania, specializing in digital banking solutions powered by AI and cloud technology. It operates as an Electronic Money Institution across the EU/EEA countries and is a principal member of both VISA and Mastercard, providing consumers and businesses with advanced banking capabilities.

Founded in 2019, myTU offers a banking platform on Google Cloud and integrates various AI tools for internal processes like customer due diligence and risk scoring. The company follows a B2C and B2B platform business model, generating revenue through transaction fees, usage-based charges, and tiered pricing. It actively participates in the SEPA payment network and supports mobile payments through services like Google Pay and Apple Pay.

Business keywords: Digital Banking, AI in Banking, Electronic Money Institution, FinTech Solutions, Payment Infrastructure, SEPA Integration, Cross-Platform Development, KYC & AML Solutions, Mobile Payments, Automation in Banking, Card Issuing, Biometric Security, Fintech Acquiring

Services & Products

Information unavailable

Target Customers

Information unavailable

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series A €10.00M 2
existing shareholders, two new strategic investors
04 Mar 2025
Seed Round $5.00M -
28 Sep 2022
Pre Seed Round $1.00M -
01 Jan 2020

myTU Alternatives & Competitors

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Paynetics
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myTU vs
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FAQ About myTU

BANKING MADE SIMPLE. CLOUD-FIRST. AI AT THE CORE.
myTU was founded in 2019.
myTU is headquartered in Lithuania.
myTU operates in Finance, Financial Services, Fintech, Mobile, Payments and Banking. Its work centres on Digital Banking, AI in Banking, Electronic Money Institution and FinTech Solutions. Its customers include Information unavailable.
myTU has a B2C, B2B and Platform business model. Its revenue comes from Transaction Fee, Usage Based and Tiered Pricing.
myTU has approximately 29 employees.
myTU has completed 3 funding rounds, raising a total of $16.00M. The latest funding stage is Series A.
myTU offers: Information unavailable.
Top alternatives and competitors to myTU include Paynetics, Advapay, iCard, Enfuce, NymCard. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
myTU and Paynetics are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for myTU, https://bouncewatch.com/company/mytu, updated 1 October 2026. When citing, please name BounceWatch and link this page.

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