.EditorialThis content has been actually decided on, made and also modified due to the Finextra editorial group based upon its importance and enthusiasm to our area.According to an agent for the Vilnius Area Court, the bankruptcy call was created after evaluating the firm's financial data as well as finding that kevin was "not able to satisfy its own financial responsibilities in a timely manner".A bankruptcy case has actually levelled due to the court of law and also is actually Team has actually been actually selected as the bankruptcy administrator..Kevin has because revealed that it intends to strike the bankruptcy decision.The court selection notes an impressive succumb to the paytech organization which was actually as soon as flagged as the fastetst developing fintech in Central as well as Eastern Europe.Kevin had also reared $65m coming from its own various clients, including Accel and Eurazeo.The first signs of monetary trouble were seen in February when a file coming from online headlines site Filtered mentioned that kevin had actually stopped working to spend workers for 2 months - cases which were actually debated due to the start-up..And afterwards in July, the Lithuanian reserve bank prohibited the firm from handling any new clients after increasing impatient at the business's breakdown to submit its yearly reports on schedule. .