Our Fintech team is ranked in Band 1 in Lithuania, according to the recently released Chambers and Partners legal rankings. The legal directory states: “Whether assisting the development of e-money and payment institutions or helping blockchain and cryptocurrency companies with a range of legal issues, Sorainen is a go-to choice within the country’s fintech ecosystem”. Chambers and Partners also acknowledges three of our Fintech team members – partners Augustas Klezys and Tomas Kontautas plus senior associate Laura Matukaitytė – among the top fintech experts in the country.
Lithuania striving to become global fintech hub
Lithuania, with its regulatory and environmental advantages, is stepping up efforts to become a global fintech hub, especially for companies engaged in payments, e-money, digital banking, p2p lending and crowdfunding. In recent years our team in Lithuania has been successfully involved in over 30 licensing processes, including licensing of e-money institutions, payment institutions and specialised banks. Read more about the Lithuanian fintech market and its regulatory environment in our Fintech guide.