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Andele Mandele PAY operates portal andelemandele.lv, one of the largest trade platforms in Latvia. The status of a registered e-money institution will allow customers of portal andelemandele.lv to pay with e-money. This process will both improve the safety of payments and facilitate payment settlement procedures between customers. Registered e-money institution A registered e-money institution is […]
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We are advising Boku, a leading global mobile payment and mobile identity company, in the acquisition of Estonian fintech Fortumo. Boku has conditionally agreed to acquire the entire issued and to-be-issued share capital of Fortumo Holdings and its subsidiaries for a maximum consideration of USD 45 million. Significant step to cement the lead in mobile […]
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We advised electronic money institution Verse Payments Lithuania on all issues related to its indirect acquisition by Square – an electronic payment and financial services company headquartered in San Francisco and listed on the New York Stock Exchange. Verse employees will join the Square team, who are developing the Cash App – a peer-to-peer payment app […]
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Keep up to date and stay informed about the latest developments! Watch our senior associate Edvīns Draba’s participation in a COVID Coffee Break webinar here. Other INSOL Europe webinars related to the COVID-19 situation are available here.
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We are pleased to announce that the International Comparative Legal Guide to: Fintech Laws and Regulations 2020 has been published and is now available to download for all interested parties for free. Our partner Reimo Hammerberg and associate Oliver Ämarik contributed to the Estonian chapter of this guide. The ICLG to: Fintech Laws and Regulations […]