.EditorialThis web content has been chosen, made as well as modified due to the Finextra editorial group located upon its own relevance as well as rate of interest to our neighborhood.Depending on to a speaker for the Vilnius District Court, the insolvency telephone call was made after examining the provider's monetary data and also discovering that kevin was "incapable to meet its economic responsibilities on schedule".A bankruptcy case has levelled by the court as well as IS Team has actually been designated as the insolvency administrator..Kevin has actually due to the fact that introduced that it considers to strike the bankruptcy selection.The court of law choice notes a remarkable fall for the paytech company which was actually the moment flagged as the fastetst growing fintech in Central as well as Eastern Europe.Kevin had actually additionally brought up $65m from its own various clients, including Accel as well as Eurazeo.The 1st indications of economic difficulty were viewed in February when a document from internet news web site Filtered specified that kevin had failed to pay personnel for two months - cases which were actually negated due to the start-up..And after that in July, the Lithuanian central bank prohibited the company coming from taking on any kind of brand-new clients after growing impatient at the company's failing to submit its own annual files promptly. .