Freenance for Lithuanian Users 2026 — PFM App for Lithuania with Swedbank, SEB, Luminor, Siauliu Bankas Sync

Freenance for Lithuanian Users 2026 — One App for Swedbank, SEB, Luminor, Šiaulių Bankas and Your Whole Financial Life

Lithuania in 2026 sits at the centre of one of the most fintech-dense small economies in the European Union. Vilnius is a top EU fintech licensing hub, the Bank of Lithuania has built one of the most progressive regulators in CEE, EUR has been the official currency since 2015, and the country's tax framework is widely admired for its simplicity. Yet Lithuanian households still juggle multiple accounts: a current account at Swedbank or SEB, savings at Luminor, a EUR-denominated brokerage portfolio at Lightyear or Trade Republic, a Pillar III pension at Swedbank Investicijų Valdymas or SEB Investicijų Valdymas, and increasingly fintech wallets like Revolut Lithuania.

This is the fragmented financial life Freenance was built for. Vilnius-, Kaunas-, Klaipėda- and Šiauliai-based users tell us they consistently struggle to see one number that reflects everything they own and owe — Freenance fixes that with a single net-worth, single asset-allocation, single runway view. EU-wide PSD2 sync covers their Lithuanian banks; multi-currency handling covers their occasional USD holdings on Interactive Brokers; and the entire dashboard runs in their native EUR.

Why a Lithuania-specific PFM tool matters in 2026

Lithuanian retail investing has expanded faster than almost any CEE comparable. Lightyear's EU-wide rollout (with Lithuania as a core early market), Trade Republic's deep penetration, and the maturation of Pillar III voluntary pensions have turned a savings culture into an investing culture in under a decade. Bank of Lithuania data shows the share of households with at least one investment account doubled between 2020 and 2025.

Many Lithuanian users find that what they actually need is not a budget tracker — they need a coherent picture of net worth across EUR deposits, ETFs, Pillar II, Pillar III, and crypto. Freenance is built for exactly that audience.

Sign up for Freenance and connect your first Lithuanian account in under three minutes — most users start with Swedbank or SEB.

PSD2 in Lithuania — Which Banks Freenance Connects

Lithuania's PSD2 implementation is notably mature, thanks in part to the Bank of Lithuania's active fintech licensing programme and the country's role as one of the largest EU passporting hubs for AISP and PISP licenses. Freenance acts as a read-only consumer of standard PSD2 endpoints. Credentials are never stored. Consents follow the 90-day re-authentication cycle.

Banks Lithuanian Freenance users currently sync:

• Swedbank — by retail customer count the largest Lithuanian bank, part of the Nordic Swedbank group. Stable PSD2 endpoints, full transaction history. Swedbank's investment platform sits within the same legal entity and its portfolios are visible as separate accounts.
• SEB bankas — the second-largest Lithuanian retail bank, Nordic-owned. Strong PSD2 implementation. SEB Investicinis valdymas Pillar III accounts sync via statement import.
• Luminor Bank — the Nordic-DNB and Nordea legacy, now Blackstone-owned. Luminor is particularly strong in business banking and EUR services.
• Šiaulių bankas — the largest Lithuanian-owned bank, with growing retail focus and a solid PSD2 implementation.
• Citadele banka Lithuania — the Lithuanian arm of the Latvian Citadele group.
• Revolut Bank UAB — Revolut's full banking subsidiary is Lithuanian-licensed. Revolut accounts of all Lithuanian (and EU) customers fall under the Lithuanian deposit guarantee.
• N26, Wise — for EU-wide digital accounts, very popular as second accounts.
• Paysera — the Lithuanian EMI/bank that pioneered digital wallets in CEE.

Lithuanian IBAN format is LT + 2 check digits + 5-digit bank code + 11-digit account number. Freenance validates this locally before initiating a consent.

EUR-Native — The Easiest Multi-Currency Setup

Lithuania switched to EUR on 1 January 2015, more than a decade ago. For most working-age Lithuanian users, the litas is a historical curiosity, not a relevant currency. This makes Lithuania (alongside Slovakia) one of the cleanest CEE markets for multi-currency PFM: nearly everything is already in the base currency.

That said, Lithuanian users tend to hold:

• EUR current and savings accounts
• USD holdings on Interactive Brokers for direct US equity exposure
• Occasional GBP holdings from past UK work or family
• Crypto positions on Binance, Bitstamp or Coinbase

Freenance is multi-currency native. Your dashboard runs in EUR by default; non-EUR positions are shown in native currency with transparent conversion to EUR. FX rates come from a central reference source.

A typical Lithuanian user dashboard:

• Swedbank current account: 3,200 EUR
• SEB savings: 14,800 EUR
• Luminor term deposit: 10,000 EUR (3.6% 12-month)
• Lightyear EUR portfolio (VWCE, IWDA): 22,400 EUR
• Trade Republic EUR ETF portfolio: 9,800 EUR
• Pillar II at Swedbank Investicijų Valdymas: 18,500 EUR
• Pillar III at SEB Investicijų Valdymas: 4,200 EUR
• Interactive Brokers USD portfolio: 6,300 USD ≈ 5,800 EUR
• Net worth: roughly 88,700 EUR
• Runway at 1,600 EUR/month spending: 55 months

Many Lithuanian users find this single-screen view is what finally surfaces the gap between Pillar II contributions and what they could be saving in Pillar III.

Lithuanian Capital Gains Tax — The 500 EUR Exemption and the 15-20% Rates

Lithuanian tax law on capital gains is structured around a personal exemption and a two-tier rate:

• Annual exemption: The first 500 EUR/year of capital gains is tax-exempt for personal investors. This is a small but useful threshold for low-volume traders.
• Standard rate: Gains above the exemption are taxed at 15% for personal income tax (GPM) up to roughly 120 average wages of taxable annual income, and 20% above that threshold (the higher GPM bracket).
• Dividends: 15% GPM, with foreign-tax-credit per applicable DTT.
• Interest income: 15% GPM on bank deposit interest above a 500-EUR annual exemption.
• Crypto: Treated as financial assets — same 15-20% regime with the 500-EUR exemption.
• Pillar II withdrawals: Tax treatment depends on accumulation source and withdrawal mode — generally favourable for retirement-age withdrawals.

Freenance does not file your annual GPM declaration. What Freenance does is keep a clean acquisition-date and acquisition-cost register for every position, plus a running tally of realised gains across all your brokers for the current calendar year — so you can see at a glance whether you are below or above the 500-EUR exemption when planning a sale.

Consider Freenance if you have positions across more than one broker (very common — Lightyear plus Trade Republic plus Interactive Brokers is a typical Lithuanian setup) — consolidating realised gains across all of them is the killer feature.

Pillar III (III pakopa) Voluntary Pension Tracking

Lithuania's pension system has three pillars. Pillar I is state-administered (Sodra), Pillar II is mandatory accumulated (administered by Swedbank, SEB, Luminor, INVL and others), Pillar III is voluntary. Pillar III contributions up to certain annual caps are personal-income-tax deductible (subject to overall deduction limits and the prevailing tax framework — many users consult an accountant for the latest applicable limits).

Pillar III is administered by fund-management companies — Swedbank Investicijų Valdymas, SEB Investicijų Valdymas, INVL Asset Management, Luminor. Direct PSD2 sync is generally not available. What Freenance supports is:

1. Manual entry of monthly Pillar III contribution
2. CSV/PDF import of quarterly and annual statements
3. A dedicated "Pillar III pensija" account type
4. Pillar II tracking via the same mechanism

The result is that your full retirement picture — Pillar II, Pillar III, ETF retirement bucket — shows up in the same runway and FIRE-number calculation. Many Lithuanian users tell us they had under-utilised Pillar III for years before Freenance made the contribution gap visible against the deduction cap.

Brokerage Aggregation — Lightyear, Trade Republic, Swedbank, SEB, Interactive Brokers

Lithuania has one of the most active retail brokerage ecosystems in CEE relative to population, anchored by EU-wide digital brokers:

• Lightyear — the UK-licensed broker founded by former Wise executives, with deep Lithuanian uptake. Statement-based aggregation; monthly upload is the typical cadence.
• Trade Republic — the German neobroker, popular for EUR-denominated ETFs and the 4% cash interest.
• Swedbank investavimas — the in-bank investment platform of Swedbank, fully integrated via the bank's PSD2 endpoint for accounts held within the bank.
• SEB investavimas — the in-bank investment platform of SEB.
• Interactive Brokers, DEGIRO — the long-standing power-user platforms.
• eToro, Revolut Invest — for casual traders.
• Nasdaq Vilnius — for direct Lithuanian-listed equities (a smaller but growing exposure).

All of them flow into a single asset allocation chart — by region, by sector, by index. Many Lithuanian users find that the picture reveals 70-80% concentration in S&P 500 or MSCI World across two or three different platforms — useful information when planning the next contribution.

How Lithuanian Users Typically Use Freenance

Three personas dominate Lithuanian Freenance usage.

Tomas, 31, software engineer in Vilnius

• Salary 3,400 EUR/month net at a Vilnius office of a London fintech
• Swedbank current account, SEB savings earning 3.2%
• Lightyear EUR ETF portfolio worth 38,000 EUR
• Trade Republic for additional ETFs worth 7,500 EUR
• Pillar II at Swedbank IV, Pillar III at SEB IV
• Goal: FIRE around age 47

Tomas uses Freenance to track months-of-runway as his primary KPI. The cross-broker realised-gains view tells him at any point whether he is approaching the 500-EUR annual exemption.

Greta and Mindaugas, couple in Kaunas, 35 and 37

• Combined income 5,200 EUR/month net
• One child, mortgage at Luminor with 20 years remaining
• Joint emergency fund at Šiaulių bankas earning 3.4% (one of the higher Lithuanian rates)
• Lightyear joint visualization (separate accounts, joint dashboard view)
• His Pillar III at Swedbank IV, her Pillar III at INVL
• Goal: full mortgage repayment by age 55

Many couples like Greta and Mindaugas use Freenance's shared-household view to evaluate the long-running mortgage-vs-ETF question. The single-screen runway is what convinced them to standardise their monthly financial review.

Aistė, 28, freelance product designer working from Klaipėda with EU clients

• Individuali veikla (self-employed) regime, invoicing roughly 2,800 EUR/month
• Swedbank business and personal accounts
• Wise account for any non-EUR client payments
• Lightyear EUR ETF portfolio worth 17,500 EUR
• No Pillar III yet — considering it for 2026 to claim the GPM deduction
• Goal: build 18 months of runway before relocating to Berlin in 2027

Freenance is where Aistė sees freelance income volatility normalised into a stable cash-flow chart. The freelancer category separating client passthrough costs from real expenses helps her at year-end declaration time.

Sign up for Freenance if any of these personas sound like your own situation.

Why Multi-Bank, EU-Wide Matters for Lithuania

Lithuania has a sizable diaspora across Ireland, the UK, Germany and the Nordics. Lithuanian users who once worked abroad frequently maintain accounts in those countries — Freenance's EU-wide PSD2 footprint covers nearly all major banks across those jurisdictions. A user in Vilnius can sync their Swedbank LT current account alongside an Irish AIB account, a German Sparkasse account, and a Norwegian DNB account in a single login. For the meaningful share of Lithuanian working-age population with cross-border financial life, this is a unique advantage.

The Baltic regional ecosystem matters too: many users have family connections across Latvia and Estonia. Freenance supports the major Latvian and Estonian banks via the same EU PSD2 framework.

Pricing in Lithuanian Reality

Freenance pricing is set in EUR and feels native to Lithuanian users from day one. Many Lithuanian users compare the subscription cost to a single Vilnius brunch and decide the time saved on monthly reconciliation more than covers it. Consider Freenance if you currently spend more than two hours a month moving numbers between bank apps and a spreadsheet.

The Vilnius Fintech Effect — Why Lithuanian Users Have So Many Accounts

Lithuania hosts more EU-passportable EMI and AISP/PISP licenses than any other Baltic or CEE country. This abundance of locally-licensed fintechs (Paysera, TransferGo, Kevin, Genome, and dozens of others) means many Lithuanian users have accounts at a Lithuanian-licensed fintech that they barely think of as a "bank account" — yet the balance sits there, often forgotten.

Freenance helps with this in two practical ways:

• Multi-fintech sync (Revolut, N26, Wise, Paysera) brings forgotten small balances into the dashboard
• The "stale account" surface highlights accounts with no transactions for 90+ days, prompting users to either consolidate or close them

Many Lithuanian users discover during onboarding that they have 400-1,200 EUR sitting in a Paysera account they opened for a holiday in 2022 — money that could be earning 3-4% in a term deposit or in a Trade Republic cash position.

Pillar II Lifecycle Funds and the Lithuanian Retirement Picture

Lithuania's Pillar II is structured around lifecycle funds — your contributions automatically de-risk as you approach retirement age. The default fund allocation is based on year of birth, with younger cohorts holding higher equity exposure. This is broadly sensible default behaviour, but it has a subtle implication that Freenance users often discover for the first time:

Many Lithuanian households end up with a heavily equity-weighted Pillar II portfolio (because they are still young), a heavily equity-weighted ETF portfolio (because everyone buys VWCE), and very little bond or cash buffer outside the emergency fund. The asset-allocation chart in Freenance shows this concentration clearly, and many users adjust their next contribution destination as a result. Some choose to add a Pillar III with a more conservative profile; others build out a separate inflation-linked or short-duration bond position outside the pension system.

Freenance does not give investment advice, but it makes the picture clear enough that users make better decisions for themselves.

Frequently Asked Questions

Does Freenance work with Revolut Bank UAB (Lithuanian-licensed Revolut)? Yes. Revolut Bank UAB is supervised by the Bank of Lithuania and connects via PSD2 like other Lithuanian credit institutions. Revolut current accounts, savings (Flexible Cash Funds where treated as deposits), and Revolut Invest portfolios sync.

Can I sync Lightyear positions? Lightyear is aggregated via statement import. Monthly CSV/PDF upload is the typical cadence; users with high trading frequency upload weekly.

How does Freenance track the 500-EUR annual capital gains exemption? Freenance maintains a running tally of realised gains across all brokers in the current calendar year. The dashboard shows you, in real time, how much of the 500-EUR exemption you have used.

Does Freenance support Pillar II tracking, not just Pillar III? Yes. Pillar II accounts are tracked via the same statement-import mechanism. Many users update annually based on the official Sodra/fund statement.

Is Freenance compliant with VDAI (the Lithuanian data protection authority)? Yes. Freenance is GDPR-compliant across the EU; the Lithuanian VDAI-administered data-subject rights apply identically. Credentials are never stored — PSD2 uses tokenised consent.

Further Reading

• Freenance for Investors — Track Your Portfolio in One Place
• Freenance for Software Developers — A Tech-Forward Approach to Personal Finance
• Freenance for FIRE Seekers — Financial Independence Tracker

Sign up for Freenance today and bring your Swedbank, SEB, Luminor, Šiaulių bankas, Lightyear, Trade Republic and Pillar III data into one screen — most Lithuanian users finish setup the same weekend they sign up.