.EditorialThis material has been actually chosen, created and also modified by the Finextra editorial group located upon its own significance as well as interest to our neighborhood.According to a representative for the Vilnius Area Court, the bankruptcy call was created after examining the firm's monetary records as well as discovering that kevin was actually "not able to fulfill its own monetary obligations on schedule".An insolvency situation has actually levelled by the court of law and also is actually Group has been designated as the bankruptcy supervisor..Kevin has considering that introduced that it plans to strike the bankruptcy choice.The court decision marks a remarkable fall for the paytech agency which was the moment addressed as the fastetst increasing fintech in Central and also Eastern Europe.Kevin had actually additionally increased $65m coming from its different real estate investors, including Accel and Eurazeo.The very first indicators of financial trouble were found in February when a report from on the web news website Looked said that kevin had actually fallen short to pay workers for pair of months - cases which were actually shot down by the startup..And after that in July, the Lithuanian central bank prohibited the business from taking on any new customers after expanding impatient at the business's failing to file its own annual documents on time. .