Paysera LT, UAB, a company of the Paysera group in Lithuania, announces the 2023 results that were stable and profitable for the company and brought new solutions and service changes to customers.
Income of Paysera LT in 2023 almost unchanged and amounted to 10.6 million. euros. The net profit of the fintech company was 7 million. euros.
“The year 2023 was a year of stability, profitability and innovation for us. The return on investments made it possible to significantly improve profitability indicators and introduce new products and services to the market. This allows us to continue consistently investing in development and strengthening our positions in global markets. In 2023, we started to implement changes to make our organization more customer-oriented according to the so-called customer centric model and would actively use artificial intelligence. Improving these areas remains our priority this year as well,” says Marijus Plančiūnas, CEO of Paysera.
In 2023, the company actively developed its range of services. In cooperation with the bank “Inbank”, it created the conditions for the e-commerce of the Baltic countries. in stores, customers can pay using the so-called “Buy Now, Pay Later” (Buy Now, Pay Later or BNPL) method and leasing. The fintech company started integrating e-commerce last year. Apple Pay, a payment solution for stores – and their customers – launched in 2024. April. The opportunity to invest in InRento real estate rental projects in the Paysera app, presented this month, also began to be developed as early as 2023.
“This year, the application already has the opportunity to invest in “InRento” real estate rental projects, and in the future, even more third-party services are planned to be integrated into the super application. This will allow customers to use versatile services in one place, as well as improving and developing the company’s range of products and services”, says M. Plančiūnas.
More funds in accounts, transfers and paid shopping carts
In 2023, Paysera also successfully and steadily grew the volume of payments processed online and its customer base.
The Lithuanian company processed 1.1 billion EUR values e. of commerce payments compared to 985 mln. EUR 2022 Intensive growth and dynamics are observed in other companies of the Paysera group.
in 2023 at the end of the year, the average amount of funds held in the accounts of Paysera LT customers was about 515 million. Eur. The company’s clients transferred 11.2 billion Eur.
Responsible approach to environmental protection
Managing inflationary challenges and aiming to contribute to sustainability, the company in 2023 purchased a 1.5 megawatt (MW) solar power park, along with a 250 kilowatt (kW) wind farm on the park’s territory. These steps have not only helped the company to generate additional income from energy production, but also significantly reduced its environmental impact, saving more than 98,000 kg of CO2 emissions over the past year. The company has also invested in two 99 kW power plants, which will start producing electricity already this year.
Historically, Paysera is the longest-running Lithuanian electronic money institution (EMU), which, in 2023. IV quarter According to the data of the Bank of Lithuaniais the largest EPI both in terms of cash held in customer accounts and in terms of the amount of payment transactions.
More than 180 people work in the Lithuanian company, about 500 in the whole group.
About Paysera
in 2004 Founded in Vilnius, Paysera is a financial technology company that is the European e. offers stores more than 100 ways to accept customer payments for purchases. Paysera also provides account, transfers, currency exchange, gold trading and other services.
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Tags: Paysera audited results stability profitability innovation
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