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We advised Verse Payments Lithuania on obtaining an electronic money institution licence. Verse Payments Lithuania is a social payments app and is a fully owned subsidiary of Verse Technologies, based in Spain. Offers a full range of digital payment features The company plans to expand its operations in Lithuania and the EU offering users a […]
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Lithuania, with its regulatory and environmental advantages, is stepping up efforts to become a global fintech community, especially for companies engaged in payment, electronic money, digital banking, p2p lending and crowdfunding. Read more in our Fintech guide: Fintech guide: Lithuania – your entry to the single market.
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We are advising NEO Finance, a company managing the Paskolų klubas peer-to-peer lending platform and providing the NEO Pay payment initiation service, during preparations for a public share offer and for entering the alternative securities market. This is the first time that a Lithuanian fintech startup will be offering its shares publicly and will seek […]
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Deals & Cases / Augustas Klezys, Laura Matukaitytė, Inga Macijauskaitė
We advised Best Finance on establishing a company in Lithuania and obtaining a payment institution licence from the Bank of Lithuania. Best Finance plans to provide money remittance services in Lithuania and other EU Member States. Our team consisted of partner Augustas Klezys and senior associates Laura Matukaitytė, who advised the client on regulatory licensing matters, […]
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Sorainen is advising the European Bank for Reconstruction and Development (EBRD) in connection with a second lending to Modus Group: a loan of USD 11.3 million will be used for construction of two biogas power plants with total installed capacity of 3MW in Belarus. In 2018 Sorainen advised the EBRD in connection with the first […]
