myTU

Company profile

myTU company profile

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 Gemini AI 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. - Recognized as a Principal Member of VISA and Mastercard, with acquiring licenses from both networks, significantly expanding service capabilities. - Approved for Visa Direct and Mastercard Send, providing fast and secure money transfers. - Authorized as a Consumer Credit Provider by the Bank of Lithuania. - Active participant in the SEPA payment network (SEPA Inst and SEPA SCT). - Launched Google Pay and Apple Pay for myTU customers, enabling seamless mobile payments. By 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.