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Salv Technologies improves information-sharing between financial institutions
Sorainen advised Salv Technologies, an anti‑money-laundering technological tool startup, in the process of mapping out the legal basis for cross-border information-sharing between financial institutions and presented the findings to Salv’s partners in a virtual workshop which included the representatives of the European Commission and the Council of Europe. Our financial regulatory and data protection experts […]
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Sorainen successful for virtual currency service providers in the licensing process
Our fintech experts advised various virtual currency service providers in the licencing process under Estonia’s reformed AML Act. Our work included both obtaining new virtual currency service provider licenses as well as the renewal of existing VASP licences. Renewal of existing licenses We were engaged by Auto Coin Payments, the operator of the marketplace AutoCoinCars […]
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The Better Fund obtains activity license
On a pro-bono basis, we are advising The Better Fund, an ESG-focused fund, helping female founders and gender-balanced teams in the CEE region get access to capital to scale world-changing ideas. Empowering diverse teams Most recently, we assisted The Better Fund in the process of obtaining an activity license from the Financial Intelligence Unit and […]
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Record-breaking IPO of Enefit Green
We advised the book-runners of the IPO with the largest number of subscribers in the history of the Baltics on the successful offering and listing of the shares on the main list of the Nasdaq Tallinn Stock Exchange. The Enefit Green offering is arranged by Swedbank, Nordea, and Citigroup. An unprecedented number of retail investors […]
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Forus Grupp acquired Tulika Takso
We advised Forus Grupp, a real estate maintenance and security services provider, in acquiring Tulika Takso from Tulika Grupp. Tulika Takso is the oldest operating taxi company in Estonia. Increased safety and synergy Urmas Sõõrumaa, the owner of Forus Grupp, says that Forus Grupp is planning to add a safety factor to taxi services. “It’s […]