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Our story. How it all began?

Like many significant and successful stories, this one started with two long-time friends, colleagues Andrius Rupšys and Ričardas Vandzinskas.
June 10, 2022 · 3 min read

Like many significant and successful stories, this one started with two long-time friends, colleagues Andrius Rupšys and Ričardas Vandzinskas. By the time they were working in one of the most innovative Lithuanian IT companies, “Ruptela”, they recognised a huge gap in the leasing market. Businesses lacked the cash flow to buy their products outright. Getting a bank loan was usually a long and stressful process. For too long, banking has been slow and demanding. Thus, we decided to change that and build an alternative financing system for everyone. 

Andrius Rupšys, Founder
Ričardas Vandzinskas, Founder and CEO

Andrius Rupšys had realised throughout his experience as a CEO of “Ruptela” the growing importance of technology. Furthermore, Ričardas Vandzinskas, as a CFO, knew that fintech software was already changing the game in finance and was curious to explore the new opportunities. As a result, they connected on a vision during the very first moment, around the concept of the “Hive finance” – the company that could solve problems by treating customers fairly and being open to their needs. Moreover, we truly believe we can make financing better.

After coming up with the idea of creating the fintech together, founders spent days discussing progressive values and how they could be projected into a company. We believe business values are the building blocks that will always be behind every decision and step we take. Thus, sustainability and diversity isn’t just a nice idea around here. It’s built into everything we do, from who we hire to how we develop our projects. Soon we will offer a wide variety of finance products: consumer loans, business loans, green loans, equipment leasing, real estate financing and p2p investments. Our team has unique industry visibility: we will give you the opportunity to finance your business, get a personal loan or invest in these products. Every person and every company should be treated fairly by us who want them to succeed.

From the start, Ričardas and Andrius aimed to find passionate financing and tech experts to join the company. People are at the heart of everything we do in “Hive finance”. We are multicultural and strive to lift ourselves to new potential. We always keep empowering by example, supporting big ideas and praising the entrepreneurial mindset. The whole team, not just the founders, sees this company as a globally preferred digital financing institution in a few years. Furthermore, the most wanted multinational fintech employer.

It is just the beginning of our story, and we’re growing every day. We won’t stop until we make financing better. And we really mean it.

You are welcome to join us on this significant journey.