FinTech Legal - Lithuania
What the team is known for
WALLESS has a strong banking practice and acts for many well-known FinTech clients. Its lawyers advise on payments and VASP licensing as well as regulatory compliance, including AML. Its team also assists with significant transactional matters such as mergers, fundraising and corporate structuring.
Strengths
"WALLESS combines competency with intellectual curiosity and client orientation to develop effective solutions to complex problems."
Work highlights
WALLESS advised on the merger of Revolut Payments into Revolut Bank. The merger made Revolut the third largest bank in Lithuania.
Notable practitioners
Joana Baublytė-Kulvietė is a co-founder of the firm's finance team. She has vast experience in banking and finance and advises on significant FinTech financings, transactions and regulatory compliance matters. "Joana Baublytė-Kulvietė is always responsive and consistently upholds high professional standards."
Gediminas Rečiūnas advises on FinTech merger and acquisition deals, regulatory licensing and compliance matters. His FinTech clients include digital banks, insurers and fund management companies. "Gediminas Rečiūnas is an expert with a lot of experience in FinTech. He is a senior partner but still does lots of work."
Simona Vosylienė advises FinTech clients on licensing matters and regulatory compliance. Vosylienė is particularly well regarded for her expertise in anti-money laundering issues.
