.EditorialThis web content has been actually chosen, developed and edited by the Finextra content group located upon its relevance and enthusiasm to our area.Depending on to a representative for the Vilnius Area Court of law, the bankruptcy call was made after analyzing the company's economic data and also discovering that kevin was actually "incapable to satisfy its own monetary obligations on time".A personal bankruptcy scenario has been opened due to the court of law as well as is actually Team has been appointed as the bankruptcy supervisor..Kevin has actually because revealed that it organizes to strike the bankruptcy choice.The court decision marks a significant fall for the paytech agency which was when hailed as the fastetst growing fintech in Central as well as Eastern Europe.Kevin had actually likewise brought up $65m from its several investors, including Accel and Eurazeo.The first indicators of monetary difficulty were actually observed in February when a record coming from on the internet news web site Sorted said that kevin had actually stopped working to pay out staff for two months - cases which were actually refuted by the startup..And then in July, the Lithuanian reserve bank banned the company from taking on any brand-new clients after increasing impatient at the business's breakdown to file its yearly records promptly. .