We advised CBI Money in the process of obtaining an e-money licence from the Bank of Lithuania. CBI Money is part of China Binary New Fintech Group – a China-based company providing online transaction services and listed on the Hong Kong stock exchange market.
CBI Money will be administering payment systems that allow rapid and inexpensive money transfers from Europe to China and vice versa. The payment systems will enable opening electronic accounts, issuing e-money, saving money and providing payment services.
Our services and project team
We advised CBI Money on licensing, business model structuring and other issues. The team included partner Tomas Kontautas and senior associates Laura Matukaitytė.