Lithuanian Torus received investment from Goose Valley Ventures

Lithuanian SaaS platform for banks and paytechs Torus received investment from Swedish Goose Valley Ventures.

Torus offers an advanced analytics platform that provides granular insights into transaction fees, profit margins, and market positioning. The company enables financial institutions to optimize card scheme fees and enhance transactional earnings through sophisticated card- and merchant-level profitability analysis. Torus was founded by Kirill Lisitsyn and Igor Volkov in Vilnius in 2021.

In June 2023, Estonian accelerator Startup Wise Guys invested €30K in Torus at a valuation of the startup of €6M.

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Lithuanian Masiva Group acquires Contribee

Lithuanian Contribee , which helps entrepreneurs and companies manage their fan subscriptions or support their favorite creators and discover exclusive content, has been acquired by Lithuanian Masiva Group. The deal is an exit for Lithuanian Coinvest Capital , Estonian Startup Wise Guys and several business angels.
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