In just 5 years, Revolut completely disrupted Lithuanian banking landscape 🏦🇱🇹; MetaMask enters the stablecoin arena with mUSD 🦊🪙; CommBank reverses plan to replace staff with AI 🤷‍♂️🤖

FinTech is Eating the World, 22 August

Hey Everyone,

Good morning & happy Friday! I couldn’t have wished for a better issue to finish such an amazing week in FinTech 😮‍💨 Today we’re looking into Revolut, which completely disrupted the Lithuanian banking landscape in just 5 years (what happened, what it tells us and what to expect next + bonus deep dives into Revolut & JPMorgan), MetaMask that just entered the stablecoin arena with mUSD (what’s the rationale here and why it might actually makes sense + the ultimate list of stables resources inside), and CommBank, which has reversed its plan to replace staff with AI (what happened and what can we learn from this + bonus list of top AI Agent startups in 2025 & the agentic AI playbook for finance inside). Let’s just jump straight into the finnovative stuff 🌶️

In just 5 years, Revolut completely disrupted the Lithuanian banking landscape 🏦🇱🇹

The news 🗞️ The Lithuanian banking sector has undergone a dramatic transformation with UK-based digital bank & FinTech giant Revolut claiming the top position by assets within just 5 years of entering the market.

According to Lithuania's central bank data, Revolut now commands a whopping 30.8% of market share by assets, surpassing long-established players Swedbank (24.4%), SEB (19.6%), and Luminor (10.5%). And all of that, in just 5 years… 😳

Let’s take a closer look and unpack this.