At Hive Finance Group, growth is no longer a startup aspiration – it’s a strategic reality. As part of our governance structure upgrade, we are entering a new leadership chapter to support operational expansion, investor trust, and long-term market scalability.
This transformation marks the official appointment of Aurimas Kačinskas as the new CEO of Hive Finance Group and Hive5. While the title is new, Aurimas has been actively involved in the organization for the past three months as a strategic advisor, working closely with Andrius Rupšys.
From the very beginning, both shared a common vision for the company’s direction and culture. During this period, Aurimas became closely familiar with the team and ongoing initiatives, and his contribution has already strengthened our strategic focus as we prepare for the next phase — operational scalability, international expansion, and long-term resilience. This transition reflects not only a leadership change, but a thoughtful step forward in our evolution as a scale-up.
Meanwhile, Andrius Rupšys, who successfully navigated Hive Finance Group through its scale-up phase, will transition into the role of Chairman of the Board.
More Structured Governance Model
As Hive5 develops into a scale-up enterprise, so does the complexity of managing teams. A clear governance model is essential for transparency, accountability, and investor confidence.
Right now, we are actively preparing for the formation of a professional board. We’re implementing a more defined leadership framework, appointing experienced board members, and aligning executive roles to support rapid growth.
Several key steps are already underway: refining our strategy, clarifying responsibilities, identifying suitable board candidates, completing legal formalities, and preparing for the first official board meeting. As with any such transition, it takes time due to regulatory requirements and formal procedures. However, this remains one of our top priorities and an important step toward strengthening Hive Finance Group for the future.
Meet Aurimas Kačinskas: CEO of Hive Finance Group and Hive5
Aurimas Kačinskas brings extensive experience in international business development, team building, and operational transformation. With a strong background in managing companies through growth and crisis, Aurimas is known for his structured, people-focused leadership style.
He previously worked as CEO of different markets of Creditinfo Group, one of leading credit bureaus globally, gaining direct experience across various markets — including Romania, which is now a key focus for Hive Finance Group’s upcoming expansion. His background in the Romanian financial sector provides valuable insight into navigating regulated environments and scaling operations efficiently.
“The whole Hive Finance Group is transitioning from startup energy to sustainable growth, scaling with strong governance at its core. My role will be to empower teams, strengthen our operational foundations, and ensure Hive Finance Group will reach sustainable success in multiple markets,” says Aurimas Kačinskas.
In addition, it’s important to highlight Aurimas’ extensive experience in launching new markets, his sharp and detail-oriented approach to risk management, and his strong ability to identify and develop new business opportunities. His deep understanding of operational strategy and market dynamics makes him a key asset in leading Hive Finance Group into its next stage of sustainable growth.
The Vision Remains Strong
While leadership evolves, our core strategy remains unchanged. Hive5 will continue to expand its product portfolio, improve its IT infrastructure, and develop new loan originators in regulated markets.
Our recent performance milestones, including surpassing 100 million EUR in funded loans and a growing investor base of 25,000+, signal that the timing for this leadership evolution is right.
Continuity with Change
Andrius Rupšys, the visionary behind Hive5’s rapid early growth, remains central to the Group’s success as Chairman of the Board. His insights, vision, and leadership will guide the company from a governance perspective, while Aurimas will manage day-to-day operations.
This transition was carefully considered and thoroughly planned over an extended period. From the beginning, Andrius took the CEO role in an interim position to define the new leadership structure. With the appointment of Aurimas, Hive Finance Group is now positioned to deliver even greater performance across all regions.
What’s Next?
- Formation of a full professional board (in progress)
- Continued governance updates to align with international investor expectations
- Launch of new markets and expansion of the loan originator network
- Ongoing platform and product improvements
For our investor community, this means a more stable foundation, clearer communication, and a structure that’s built to support consistent, sustainable growth. We’re grateful for your continued trust and excited to build an even stronger Hive Finance Group — together.
