Inventi, a Lithuanian payments and regulatory infrastructure company, has joined Swift‘s Business Connect programme, making it the first provider in the Baltic region to offer managed Swift connectivity as a service. The accreditation, confirmed on 6 August 2026, allows Inventi to embed Swift’s global financial messaging network directly into its Payments Platform and deliver it to banks, electronic money institutions and payment institutions without those firms having to build or maintain a dedicated Swift technology stack.
What the status means in practice
Swift Business Connect is a tiered accreditation that permits technology providers to take on the connectivity layer of the network on behalf of their clients. The financial institution retains its licence, its Business Identifier Code, its compliance obligations and its correspondent banking relationships. What shifts is the operational burden: certificate management, message processing, exception handling, returns, cancellations, payment tracking and ongoing standards updates all sit with the provider rather than with the client’s technology team.
For Inventi’s existing customers, the practical effect is that Swift becomes another configurable payment route within the same platform they already use for SEPA credit transfers via the Bank of Lithuania‘s CENTROlink, Bank of Latvia‘s EKS connectivity, and TARGET Services. That single-integration model is the commercial proposition: one onboarding programme, one platform to operate, multiple payment rails accessible from it.
Zilvinas Kybartas, co-founder and chief executive of Inventi, described where the real complexity sits in cross-border payments: “Sending a single payment instruction is the easiest part. The real complexity lies in returns, cancellations, payment tracking, exceptions, data formats and standards that continue to change. We manage that entire layer within our Payments Platform, allowing the client’s team to focus on its product and customers instead of operating a Swift technology estate.”
Market and regulatory context
The Business Connect model reflects a broader structural shift in correspondent banking infrastructure. Smaller and mid-tier banks across Europe have historically faced a disproportionate cost burden in maintaining direct Swift connectivity, and a growing market has emerged for managed-service providers that absorb that overhead. Inventi now competes in a space occupied by several established banking-as-a-service and payments infrastructure firms, including providers in Western and Central Europe that have held similar Swift programme statuses for longer. The Baltic region, however, has until now lacked a locally domiciled Business Connect provider.
The accreditation also carries a regulatory dimension worth noting. Under the EU’s Digital Operational Resilience Act, which applies from January 2025, financial institutions and their critical ICT third-party providers face new requirements around operational resilience, incident reporting and contractual standards. A managed-connectivity arrangement of the kind Inventi now offers will fall within the scope of those third-party risk management obligations, meaning client institutions will need to conduct appropriate due diligence on the arrangement and include it in their DORA registers. That adds a compliance step to onboarding, but it also reinforces the case for consolidating connectivity with an accredited provider rather than managing a fragmented set of point-to-point relationships.
Co-founder Asta Meskereviciute positioned the development as part of a maturation in Lithuania’s fintech sector, moving from a jurisdiction that primarily licences and hosts international financial firms to one that exports infrastructure. Lithuania is home to 248 fintech companies serving roughly 40 million customers across the EU, according to Inventi’s own figures. Adding Swift Business Connect to the country’s infrastructure export credentials strengthens the case for international institutions that use Lithuania as their EU operational base to source more of their payments technology stack locally.
Inventi said the accreditation will require continued investment in its technology infrastructure, team and specialist capability. The company did not disclose the scale of that investment or provide a timeline for onboarding new Swift-enabled clients.
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