.EditorialThis information has been actually chosen, produced and also edited due to the Finextra content team located upon its significance as well as enthusiasm to our area.Depending on to an agent for the Vilnius District Court, the bankruptcy call was actually made after analyzing the company's economic records and also finding that kevin was actually "unable to meet its own economic commitments on schedule".An insolvency case has actually been opened due to the court of law and also is actually Team has actually been designated as the insolvency administrator..Kevin has because introduced that it prepares to appeal the insolvency decision.The court selection notes an impressive fall for the paytech agency which was when flagged as the fastetst growing fintech in Central and Eastern Europe.Kevin had actually also raised $65m from its own a variety of clients, including Accel and also Eurazeo.The 1st indicators of economic difficulty were observed in February when a document from internet information website Sorted specified that kevin had actually failed to pay workers for two months - cases which were actually refuted by the start-up..And after that in July, the Lithuanian reserve bank prohibited the firm coming from handling any type of brand-new clients after developing impatient at the company's failure to submit its own yearly records promptly. .