I am a FinTech professional serving as the CEO of a core banking company BankingLab, where I lead a team of over 50 professionals. Additionally, as the founder of PSP Circle, I specialize in aiding FinTechs and other businesses in finding optimal payment solutions. My expertise lies in payments, strategic planning, market analysis, and team leadership.
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FounderIban360Lithuania -
Chief Executive OfficerBankinglab Jun 2023 - PresentVilnius, Vilnius , LtBankingLab is a leading full-stack core banking software provider, founded in 2012. We serve payment service providers (PSPs) and banks, ranging from emerging companies to prominent names in the European payments market.Key Responsibilities:- Lead and manage a team of 50+ professionals to deliver banking software and payment solutions.- Oversee strategic planning and financial management.- Enhance platform performance and stability. 2x year-on-year increase in payments processed on behalf of our clients.- Drive new product development and market expansion initiatives.- Manage the relationship between stakeholders - employees, management, board of directors, customers, shareholders, and partners. -
FounderPsp Circle Nov 2022 - PresentPSP Circle is dedicated to helping companies find optimal payment solutions. Our primary clients are FinTechs (PSPs and smaller banks) seeking new correspondent banking channels, businesses making cross-border payments, as well as digital platforms looking for bank accounts and card acquiring solutions. Our website also offers free information and comparisons of various payment providers.Key Responsibilities:- Founded the company with a mission to simplify access to bank accounts, FX & international payments, card acquiring, open banking, and other online payment solutions for our clients.- Provide expert consulting to companies, ensuring they find the best payment solutions tailored to their needs. -
Head Of SalesBankera May 2021 - Oct 2022Vilnius, Vilniaus, LtBankera is a European FinTech company offering payment accounts (IBANs) to businesses and individuals. It also provides customized payment solutions, including card issuing, white-label payment solutions, and card acquiring services.Key Responsibilities:- Established and led a dedicated sales team, focusing on building strong relationships with clients and partners while mentoring the team to operate independently.- Developed and executed sales strategies, identifying ideal customer profiles (ICPs), sales channels, and pricing strategies for different client groups.- Enhanced market visibility through active participation in exhibitions and industry events.- Conducted market analysis to stay informed about trends, competitors, and customer needs. -
Business Development ManagerBankera Dec 2018 - Apr 2021Vilnius, Vilniaus, LtBankera started offering payment account services in March 2020 and business loans in July 2020 - I've been involved in both areas since then. Key responsibilities:- Competitor analysis and developing the strategic direction - for example, ideal clients types (industries, geographies, pricing) - Finding B2B partners, mainly in helping Bankera grow sales - Team lead of Bankera’s SME financing project at the EU Commission’s COVID-19 hackathon (2.000+ projects), where we won the Digital Finance category. Following the event, Bankera started offering business financing services. -
Director Of Bankera Loans (Now Spectrocoin Loans)Bankera Dec 2018 - Apr 2021Vilnius, Vilniaus, LtBankera Loans provides loans with cryptocurrencies as collateral. It offers the lowest minimum (€25) and the highest Loan-to-Value (75%) on the market. Key responsibilities:- Bringing the project from an idea to full realization- Managing a team of ~20 people from the IT, legal, marketing and design departments -
Business Development Manager (At Pervesk, Part Of Bankera)Bankera Jan 2018 - Dec 2018Vilnius, Vilniaus, LtPervesk is an Electronic Money Institution (EMI) that holds the license from the Bank of Lithuania. Its core business is issuing dedicated IBANs, as well as providing white-label payment solutions, including providing the payment infrastructure to Bankera. Key responsibilities:- EMI market analysis used for pricing Pervesk services.- Initiating the process towards card-issuing with the main card networks.- Board member of Pervesk. -
Head Of Procurement (Utenos Trikotažas, Part Of Sba)Sba Group Feb 2017 - Jan 2018Vilnius, Vilniaus M. Sav., LtUtenos trikotažas (part of the SBA Group) is the biggest full-cycle apparel producer in the CEE region. The company focuses on offering its clients innovative and organic materials. - Creating the procurement process and department from an idea to full delivery.- Implementing the procurement process flow, organizing tenders, leading internal and external negotiations, applying cost-saving methods. -
Finance & Business Development AnalystSba Group Mar 2014 - Jan 2017Vilnius, Vilniaus M. Sav., LtSBA Group is one of the largest Lithuanian-capital enterprises operating in furniture, textile and commercial real estate sectors. The group unites 30 businesses, 5.000 employees and generates over €300m in revenue.- Financial control of the group’s businesses, planning the budget.- Analyzing the group’s investments, worth €15-30m annually.- Market analysis of the industries SBA works in: furniture, textile, real estate. -
Futures TraderOstc Feb 2013 - Sep 2013Bromley, London, GbOSTC is a leading institutional liquidity provider for the listed futures market.• Trading commodity (Brent crude, Natural Gas, Sugar, Coffee) and Short Term Interest Rate (STIR: Euribor, Short Sterling) futures
Justinas Badaras Skills
Justinas Badaras Education Details
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University Of CambridgeEconomics -
University Of NottinghamManagement Studies -
Vilnius Lyceum High SchoolHigh School
Frequently Asked Questions about Justinas Badaras
What company does Justinas Badaras work for?
Justinas Badaras works for Iban360
What is Justinas Badaras's role at the current company?
Justinas Badaras's current role is Founder.
What schools did Justinas Badaras attend?
Justinas Badaras attended University Of Cambridge, University Of Nottingham, Vilnius Lyceum High School.
What skills is Justinas Badaras known for?
Justinas Badaras has skills like Financial Markets, Financial Analysis, Economics, Finance, Valuation, Derivatives, Equities, Electronic Trading, Fixed Income, Corporate Finance, Investments, Business Strategy.
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