NFQ Group, which encompasses the software development company NFQ Technologies that operates in Lithuania and Poland, continues to grow internationally. The Group already has offices in Lithuania, Poland, Germany, Vietnam, Thailand, and Singapore, and has recently become the majority shareholder of Cairo-based Dlivr.io.

NFQ Group continues to expand globally by entering the African market

Venture Capital (VC) funds - despite the gradually deteriorating economic situation in Europe - continue to actively invest in startups on our continent. However, they are much more selective in choosing investments, and the valuations of companies have also dropped, according to research carried out by investment firm Anthemis Group. The key to the investors' money is now a good prototype of the final product, the so-called MVP, that will show its potential, said Paulius Insoda, CEO at NFQ Technologies, an international IT company helping global brands create innovation recently opened its Polish branch in Krakow.

VC funds keep on investing in European startups, but much more selectively

Clutch, the B2B ratings and reviews platform, has named us among their leaders. Their latest findings show that we’re the top software developer in Lithuania for 2022.

Clutch names NFQ a 2022 Leading Software Company in Lithuania

The value of the global electric vehicle charging station market will grow from $17.6 billion in 2021 to $111.9 billion in 2028, which means an average annual growth rate of 30.3%, according to the latest Fortune Business Insights’ report. This is currently the fastest growing segment of the shared mobility industry, which creates great opportunities for potential investors, said Paulius Insoda, CEO at NFQ Technologies, an international IT company helping global brands to create innovation, which recently opened its Polish branch in Krakow.

Great growth potential for EV charging market

Omnichannel commerce has long ceased to be a strategy solely for pure e-commerce players. Many brick-and-mortar sellers are discovering this sales approach that both answers the needs of the modern buyer and helps to increase sales volumes.

MOKI-VEŽI: using the omnichannel approach to grow business

The growing e-commerce market size creates a demand not only for larger online stores, but also for engineers working with complex electronic trade platforms. “valantic”, who connects over 2000 such professionals globally, creates an opportunity for local talents to improve by solving unique challenges of large e-commerce architectures. 

The rise of e-commerce enables global-scale growth for local specialists

We’re e-commerce experts, so when Hans Natur, the business offering eco-friendly products for children, came to us for an upgrade, we were delighted with the chance to contribute to the German e-tailer’s growth. Since then, technology solutions built by NFQ have helped Hans Natur expand and become more attractive and convenient for its customers.

How to expand your e-shop and become more attractive to your customers: a story of Hans Natur

The Kotryna Group, the largest retailer of baby and children’s goods in the Baltics, approached NFQ in 2018. At the time, it had wholesale operations, five e-stores and 88 physical stores and was looking to transform its traditional retail business model into a multi-channel one.

Kotryna Group transformation: from traditional into a multi-channel retail business model

Organisations are increasingly working with digital data. They exchange sensitive information with an increasing number of parties. This creates a lot of new added value while on the other hand, cyber security threats occur as well. That is how our partner, dutch startup Zivver has created a solution that secures communications to prevent data leaks in the exchange of sensitive information.

How we helped Zivver to develop a safer way of data sharing

Global digital transformation spending in logistics will reach $ 75.5 billion by 2026, growing at a CAGR of 8.8% from $ 45.6 billion in 2020, according to ReportLinker's newest report. The spending on logistics digitization has been driven by the Covid-19 pandemic for the last two years and it will even speed up in the future due to the Russian invasion of Ukraine. Who will be faster in embracing innovations has a lot to gain, according to Paulius Insoda, CEO at NFQ Technologies, an international IT company, helping global brands to create innovations, which recently opened its Polish branch in Krakow.

Innovations in logistics can help stabilize supply chains

20 years ago, when there still was no iPhone and Facebook, a group of software engineers started a new IT company in Kaunas, Lithuania – NFQ. Today we are a German-Lithuanian software developer, having offices in Lithuania, Poland, Germany, Vietnam, and Singapore and 300+ launched digital solutions for our global partners worldwide. An occasion to celebrate and reflect on how our crazy journey went.

Celebrating 20 Years in IT Business: even large companies want to act like startups

Paprcuts, a startup based in Berlin that produces and sells sustainable accessories made of Tyvek, a thin but strong material known as “synthetic paper”, turned to us to upgrade its e-shop and start sales in France. NFQ Front-end solutions helped Paprcuts create a modern e-commerce platform image that is attractive to customers, while its Back-end development work helped build a multi-channel business model and enter the French market. This is a great example of technological business development solutions and IT experts’ skills bringing companies tangible results.

How our solutions enabled Paprcuts to expand its business to France

We like challenges, so when Šiaulių bankas approached us, we were delighted to have the opportunity to upgrade the online banking and mobile app of one of Lithuania's largest banks.

How we helped Šiaulių bankas e-banking to get closer to you

German-Lithuanian software developer NFQ Technologies’ revenue reached 19.5 million euros last year as its team grew to 450 employees in Lithuania and Poland. This year the company plans to grow even more on the back of recovering aviation and travel markets, a golden age in logistics and e-commerce, and fruitful strategic partnerships with major European startups.

NFQ Technologies targets 45% revenue growth this year

The Ukrainians who are fighting this war and the children left orphaned there need your support. We invite you to donate to the “Helping Wing” international charity fund. The fund has already sent three convoys with humanitarian support to Ukraine and has rescued around 150 people by taking them to Poland and Lithuania. The fourth convoy is on its way to Ukraine. And we won`t stop supporting people in need, so your contribution matters.

Help Ukrainian children in need: donate to the “Helping Wing” international charity fund

Canceled flights, trips that fell through, quarantine. After the first COVID-19 wave hit the world, some people felt as though 2020 and early 2021 had been stolen from their lives. But as vaccination rates rose, within just a few months the travel industry recovered, and among travel-hungry people, the concept of “revenge travel” has become popular. It shows in a study conducted by HomeToGo that combines exclusive insights from surveyed guests and property owners and internal data from HomeToGo and AirDNA during the first two years of the pandemic period (2020-2021). Seeing new opportunities, HomeToGo, the world's largest holiday rental search engine –whose technology partner in Lithuania, NFQ, developed the platform from its first line of code– has been quick to take advantage.

“Revenge travel” and how property owners can take advantage

To survive the pandemic, businesses packed up their goods and services and moved online in seven-mile steps. There, amid fast-growing competition, they are doing all they can to get customers’ attention. Tadas Četkauskas, Head of Business Development at NFQ, and Jurgis Gylys, Head of Business Digitalization at the provider of strategic and technological solutions for businesses aiming to grow, talk about this year’s most prominent trends and how to stay on top of them.

E-commerce trends and how to stay on top of them

Lithuania, with one real and two unofficial tech unicorns, is statistically on par with countries like Ireland, Belgium and Estonia. But appetite comes with eating, as they say, and the factors that ensure good conditions for startups are also relevant for many other technology businesses. After this fall launching a unicorn which we had taken care of from day one, in an IPO on the Frankfurt Stock Exchange, we would like to share our company’s perspective on Lithuania's ability to raise unicorns.

Paulius Insoda: Lithuania’s chances in the unicorn race

International digital innovation company NFQ Technologies has signed an out-of-the-ordinary contract: it will start a new company in Lithuania with its partner, the high-end Western European technology company valantic. The plan is for valantic LT, within four years, to hire up to 200 IT professionals for the purpose of creating solutions for world-famous brands.

NFQ brings one of Western Europe’s biggest IT players – valantic – to Lithuania

When exploring nature on two wheels, customers seek a bumpy ride, but a smooth rental experience. Our clients at Rebike Mobility, Europe’s fastest-growing cross-brand platform for e-bike rentals, new and used e-bikes, came to NFQ for an overhaul of their e-bike rental self-service portal. 

Shaping the mobility of tomorrow with our partner Rebike

As you might already know, NFQ is an official partner of Spryker Commerce OS – a platform built for the agile development of online shopping solutions. This framework or operating system, as they call it, is designed with extra-large-scale e-commerce operations in mind. Its clients include carmaker Toyota, retail chain Aldi Süd, and automotive OEM Continental, among others. Today, we want to take a deep dive into Spryker's distinct features and provide you with an inside view coming from our experts who have already brought Spryker's advantages to our clients.

Should you consider Spryker for your e-commerce needs?

The largest provider of postal services in Lithuania, Lithuania Post boasts a history that spans a century. A decade ago, to keep up with the changing demands of almost 800,000 monthly customers, the company became the first in Lithuania to offer a network of parcel terminals appropriately called LP EXPRESS. They needed a reliable tech solution to coordinate the dispatch and delivery of parcels between distribution centers, couriers, and customers. This is where we came in.

Building the LP EXPRESS parcel terminal network from the first line of code

Never shrinking away from a challenge, we built a modern and sophisticated ERP system covering the entire auto export cycle for Atlantic Express Corp – a major U.S.-based logistics company servicing 200 countries around the world.

Our solution helped the volume of Atlantic Express clients to rise 4 times

Founded in the first half of 2020 in Munich, Germany, Alaiko GmbH is a hypergrowth startup offering small- and medium-sized e-commerce DTC brands a digital fulfillment-as-a-service platform. As a reliable and hands-on tech partner, NFQ helped them turn their business idea into a working solution. Here’s a brief recap of our collaboration.

How we developed a logistics operating system – Alaiko

The joint Lithuanian and German digital innovation company NFQ Technologies, which currently has offices in Lithuania, Germany, Vietnam, and Singapore, starting this July will found a new company in Poland and plans to open a new office in Kraków. 

NFQ is Expanding into Poland

Software quality and delivery speed are quite antagonistic in their nature. Quality assurance usually takes a considerable share of time and effort in the software development cycle, so it naturally tends to slow down the delivery speed. An increase in feature delivery speed often results in quality issues piling up.

Audrys Kažukauskas: Fast delivery of high quality software

In retail trade, the main tools of power are the supply side and the relationship with the end customer. Those who control supply and those who control ties with the customer dictate the rules for all the other players in the chain of trade, Paulius Insoda, the CEO of NFQ, writes in Verslo Žinios.

Paulius Insoda: The ideal way to trade is without intermediaries

From 1.5 mln. EUR by the end of 2019 to 12 mln. EUR of yearly incomes today.  IT solutions we`ve made, helped Arbor Garden Solutions to grow their yearly revenue by 800%.

How to scale your business quickly. The Arbor Garden Solutions example

It's official: we, NFQ, have become an official partner of Spryker Commerce OS. Spryker is built to handle large and extra-large-scale e-commerce projects. 

NFQ have become an official partner of Spryker Commerce OS

We are so proud to announce that NFQ is now an official certified partner to cloud computing giant Amazon Web Services.

NFQ become an official certified partner to AWS

We already in June gave permission for all its employees to work from home without limits even after the quarantine, as of September will give its employees even more freedom to choose where to work – whether at the company’s offices in Vilnius, Kaunas or Šiauliai, from home in Lithuania, or from any country of the world.

News

Scale your business
Instantly

News

Scale your businessInstantly

Scale your business
Instantly