.EditorialThis web content has actually been actually selected, generated and also revised due to the Finextra editorial crew based upon its own significance and interest to our neighborhood.Depending on to a spokesperson for the Vilnius Area Court of law, the bankruptcy phone call was actually produced after analyzing the provider's monetary records as well as discovering that kevin was "not able to meet its financial obligations in a timely manner".A bankruptcy situation has levelled due to the court and IS Team has actually been actually appointed as the bankruptcy supervisor..Kevin has due to the fact that introduced that it plans to strike the bankruptcy selection.The court selection denotes a remarkable fall for the paytech organization which was once flagged as the fastetst expanding fintech in Central and also Eastern Europe.Kevin had actually additionally brought up $65m coming from its numerous clients, including Accel and Eurazeo.The 1st indicators of economic problem were observed in February when a report coming from on-line news internet site Filtered stated that kevin had fallen short to pay workers for two months - claims which were negated due to the start-up..And then in July, the Lithuanian reserve bank banned the business from handling any type of brand new clients after expanding impatient at the company's breakdown to file its own annual files on time. .