.EditorialThis information has been actually picked, made and also edited due to the Finextra content crew located upon its significance as well as enthusiasm to our area.Depending on to a speaker for the Vilnius Area Court, the bankruptcy call was helped make after examining the company's financial data and also locating that kevin was actually "unable to satisfy its own monetary obligations on schedule".A bankruptcy instance has actually levelled due to the court of law as well as IS Team has been appointed as the bankruptcy manager..Kevin has actually considering that introduced that it organizes to appeal the bankruptcy selection.The court of law choice notes a significant succumb to the paytech company which was as soon as addressed as the fastetst increasing fintech in Central and also Eastern Europe.Kevin had also brought up $65m coming from its own different entrepreneurs, featuring Accel as well as Eurazeo.The very first indications of economic problem were actually observed in February when a report from on-line information web site Looked stated that kevin had failed to spend workers for pair of months - claims which were shot down by the start-up..And after that in July, the Lithuanian central bank prohibited the firm coming from taking on any type of new customers after growing impatient at the company's failing to submit its yearly records in a timely manner. .