.EditorialThis information has been actually picked, created and modified by the Finextra editorial crew located upon its relevance and rate of interest to our area.Depending on to a spokesperson for the Vilnius Area Court, the bankruptcy telephone call was actually produced after reviewing the provider's financial records as well as discovering that kevin was actually "not able to meet its economic commitments punctually".A personal bankruptcy case has levelled due to the court of law and is actually Group has actually been actually selected as the insolvency administrator..Kevin has because introduced that it plans to strike the insolvency selection.The court of law selection denotes a dramatic fall for the paytech firm which was once addressed as the fastetst increasing fintech in Central and Eastern Europe.Kevin had actually likewise increased $65m coming from its a variety of real estate investors, consisting of Accel and Eurazeo.The very first signs of economic problem were actually seen in February when a report from on the web information site Looked specified that kevin had actually neglected to spend staff for two months - claims which were debated by the startup..And then in July, the Lithuanian central bank disallowed the business from taking on any kind of brand-new customers after growing impatient at the business's breakdown to file its own annual reports on time. .