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 […]
Publication / Laurynas Lukošiūnas
Lithuanian businessman Vidmantas Kucinskas says he has no knowledge of large-scale fraud charges against him in Russia. Russia’s Alfa Bank is trying to recoup a debt of around 20 million euros from Kucinskas through courts, and the latter believes the bank might try to employ such tactics to bolster its position during the negotiations on […]
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.
Publication / Aliaksandr Artsiukhevich
The new edition of the Law On public procurement of goods (works, services) comes into force in Belarus from 1 July 2019. It is aimed on the improvement of the existing public procurement procedures, their transparency, establishment of more effective mechanisms of protection of the rights of procurement participants. The changes to be noted: implementation […]
On May 27 2019, Linstow signed a sale-purchase agreement for disposal of shopping centre Galerija Centrs to the Estonia-registered Baltic Horizon public real estate fund. New page in the history of the pearl of Baltic retail Galerija Centrs is a historic building in Riga Old Town. The sale-purchase agreement was signed by Northern Horizon Capital […]
