We advised Montonio, an Estonian fintech offering an all-in-one platform for online merchants to accept payments on raising EUR 11 million in a Series A funding round led by Index Ventures. Interest from major market players The funding round was led by Index Ventures, Europe’s leading venture capital fund, which has invested in Skype, Wise, […]
The war in Ukraine will have repercussions but will not harm the Baltic investment and transaction climate in the long run, market participants seemed to agree at the Baltic M&A and Private Equity Forum held on 7 April and co-organised by Sorainen, Äripäev and EstVCA. “There is going to be an extended period of reorientation,” […]
News
As the only truly pan-Baltic law firm, last night, Sorainen was presented with the 2021 Baltic Deal of the Year award, as well as the Deal of the Year Estonia and Lithuania awards by CEE Legal Matters. The recognition follows a successful year for the firm, also named CEE M&A Legal Adviser of the Year […]
The Ministry of Finance, together with the Bank of Lithuania, the Financial Crime Investigation Service and the Centre of Excellence in Anti-Money Laundering, has drafted amendments to the Law on Prevention of Money Laundering and Terrorist Financing (AML). The amendments were presented during a meeting of the Committee on Budget and Finance of the Parliament […]
We advised Solarisbank AG, Europe’s leading Banking-as-a-Service platform, on an acquisition of Contis Group Ltd, which provides full back-end & front-end payments services. Companies have successfully brought their previously disclosed partnership to completion, entering into a definitive business combination agreement. With a valuation of EUR 1.4 billion, Solarisbank and Contis expand their leadership in the […]