We advised DECENTRALIZED GLOBAL PAYMENTS, S.L., a part of Block Inc. group, in the sale of its subsidiary holding an e-money institution license, Verse Payments Lithuania, UAB.
This transaction marks a significant step in the fintech sector and opens new opportunities in the financial services market. It is expected, that the new owners will continue and expand the company’s operations, by strengthening the company and the Lithuania’s position as a fintech hub.
Our team and services
We advised the client on various financial regulatory matters related to business transfer, and corporate law aspects, including contractual documentation and transaction completion. Our team included partners Tomas Kontautas and Evaldas Dūdonis as well as counsels Raminta Karlonaitė, Gerda Skirbutienė and associate Grėta Šumskytė