myTU Revenue and Competitors

Established in 2019, myTU is revolutionizing banking for consumers and businesses with a cutting-edge model powered by AI and cloud technology. \n\n- The first banking platform on Google Cloud, leveraging Google’s Flutter for front-end development and Cloud Spanner for secure and scalable data management.\n- Employing advanced tools like Vertex AI and ChatGPT for internal processes, including customer due diligence, identity verification, AML checks, risk scoring, and more.\n- Fully licensed as an Electronic Money Institution (EMI) across all EU/EEA countries, regulated by the Bank of Lithuania.\n- Authorized as a Consumer Credit Provider by the Bank of Lithuania.\n- Active participant in the SEPA payment network (SEPA Inst and SEPA SCT).\n- Recognized as a Principal Member of VISA.\n\nBy blending regulatory compliance, cutting-edge technology, and a customer-first approach, myTU is redefining what it means to bank in the modern era - empowering individuals and businesses with tools for growth, security, and convenience.