In the recently released Chambers FinTech rankings, our team has not only maintained its Band 1 position in Lithuania for the sixth consecutive year, but has also reached new milestones in Estonia, with the team moving up to Band 1 as well.
As a client highlighted during the research process, “Sorainen has long and valuable experience in the Baltic markets that differentiates them from other market players.”
Leading experts across the Baltics
Our team leaders have also been recognised as top experts in the sector. In Estonia, partner Kätlin Krisak has improved her individual ranking to Band 1, solidifying her reputation as a market leader. A client says: “She‘s a super partner for our business.”
In Lithuania, partners Tomas Kontautas and Augustas Klezys have both maintained their Band 1 positions. Clients praised them in the following terms:
“Tomas Kontautas is excellent. If you want to be prepared for the regulator, you go to him.”
“Augustas Klezys provides a broad range of high-standard legal services relevant to finech. He is a highly qualified and experienced lawyer, well known for his specialisation in financial services.”
Client feedback highlights the strength and versatility of our team: “Sorainen has the most talented and very cooperative team in different legal areas and jurisdictions, which makes them very strong in handling complex matters.”
“The Sorainen team is highly knowledgeable, with a deep understanding of complex legal and business issues. This expertise allows them to provide concrete and bold legal advice, even in tricky cases,” another client adds.
Market-leading projects
Our fintech team continues to deliver innovative solutions across a range of sectors, including e-money, payments, blockchain and cryptocurrency. Recent highlights include:
- advising global payment technology company Nuvei on selling some of their shares to Advent International (with a deal value of USD 6.3 billion, this is one of the largest fintech transactions of the year in Lithuania)
- advising B2B payment service provider Hokodo on raising EUR 100 million through a multi-jurisdictional securitisation transaction
- assisting Salv Technologies, an anti-money laundering tech startup, to map out the legal framework for cross-border information-sharing between financial institutions in the EU and the UK
- advising Wildix group on securing an investment from Livonia, one of the largest private equity investors in the Baltic region
Beyond client work, Sorainen actively contributes to the growth of the fintech industry in the region. We are proud members of the Crypto Economy Organisation and the fintech association INFOBALT, and we regularly participate in legislative and policy initiatives to shape the future of the industry.
As of February 2024, we are also a member of Fintech HUB LT, an association that brings together (and advocates for) the majority of licensed fintech companies in Lithuania.
About Chambers and Partners
Chambers and Partners is a leading independent research company operating in over 200 jurisdictions. Their rankings and insights identify the world’s top lawyers and law firms, recognising excellence across the legal industry.
This achievement underscores our commitment to excellence and innovation in the fintech sector, and we look forward to continuing to support our clients’ success.
