.EditorialThis web content has been chosen, made and revised by the Finextra content staff located upon its own relevance as well as interest to our neighborhood.Depending on to a representative for the Vilnius District Court, the bankruptcy telephone call was actually helped make after assessing the business's financial information as well as discovering that kevin was "not able to fulfill its financial commitments in a timely manner".A personal bankruptcy case has actually levelled due to the court as well as is actually Team has actually been actually assigned as the bankruptcy supervisor..Kevin has actually because declared that it considers to strike the bankruptcy decision.The court of law decision denotes an impressive fall for the paytech organization which was once addressed as the fastetst expanding fintech in Central and Eastern Europe.Kevin had actually additionally brought up $65m coming from its different clients, consisting of Accel and also Eurazeo.The initial signs of financial challenge were viewed in February when a record from on the web headlines site Sifted said that kevin had fallen short to spend team for 2 months - cases which were refuted by the start-up..And then in July, the Lithuanian central bank outlawed the provider from handling any sort of new customers after developing impatient at the firm's failure to file its own yearly records punctually. .