Sorainen is advising Lenndy – one of the first crowdfunding platforms in Lithuania. The Lenndy platform is based on a sharing economy and allows investors to acquire rights of claim emerging from business loan agreements already concluded. Lenndy operates under the hybrid crowdfunding method, adapted to the Lithuanian regulatory environment and marketing trends. Comments Donatas […]
SORAINEN advised major Lithuanian credit union Mano Unija on structuring the financing of business loans already issued by Mano Unija through Latvian peer-to-peer lending marketplace Mintos. Mano Unija will place on the Mintos platform its business loans secured by mortgage and borrower guarantees. Business loans will be from EUR 10,000 to EUR 100,000, with repayment […]
Sorainen has advised Nordea, the largest financial services group in northern Europe, on the transfer of its Baltic banking business, operated by Nordea Bank Finland in Estonia, Latvia and Lithuania, to its Swedish parent company Nordea Bank. This was the first transfer of a pan-Baltic credit institution business as a going concern of such scale […]
