Fintech

TGS Baltic

Since its merger with PwC Legal in February 2024, the fintech practice at TGS Baltic has expanded with the addition of crypto asset specialist Priit Lätt. The team, which is praised for its ‘strong understanding of emerging technologies, combined with extensive knowledge of regulatory frameworks’, is led by Kirsti Pent, who often advises financial services clients such as crowdfunding and P2P lending companies. The group is particularly strong at assisting clients with acquiring activity licences and representing clients in proceedings before the supervisory authority. The deep bench also includes Elina Varendi, a key name to note for advising crowdfunding platforms, Olger Kaelep, who assists regulated financial sector entities, and Maria Suurna.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

‘Excellent choice for all matters regarding fintech, finance and regulatory matters in Estonia. They deliver expertise and an excellent work ethic.’
‘Kirsti Pent is a great lawyer for banking and finance matters. Good sense of responsibility and team work.'
‘TGS Baltic has deep expertise in the fintech sector, offering tailored legal advice to start-ups and established companies alike. Their strong understanding of emerging technologies, combined with extensive knowledge of regulatory frameworks, helps clients navigate the complex legal landscape. What sets them apart is their client-centric approach, where they invest time to fully understand each business model, providing personalised solutions. Overall, TGS Baltic is a top choice for fintech businesses seeking strategic legal support in a rapidly evolving industry.’
‘Kirsti Pent is a fintech expert, and stands out for her exceptional competence. She is widely regarded as one of the best in her field. Her deep knowledge of fintech regulations, combined with a strategic understanding of business models, makes her an invaluable advisor for clients navigating complex legal challenges. What sets Kirsti apart is not just her technical expertise but also her warm, approachable personality, making her a trusted partner who genuinely listens to her clients’ needs. Her ability to provide tailored, practical solutions while building strong relationships sets her apart from competitors. Kirsti's unique blend of professional excellence and personal warmth makes her an outstanding figure in the legal community.’

Key clients

Estateguru
Crowdestate
TKM Grupp
Tuleva
Finora Bank
Fastflow Finance
Bondora Group
Eleving Group
Starship
Income Company
Truffle Capital
Mifundo
Stebby
Primero Finance
Sunly
1MT Nation
Ziv4 Technology
Cachet
Ridango

Work highlights

Advised Sunly Future Ventures on establishing a small fund manager, including preparing and negotiating the limited partnership agreement for the investment fund as well as licensing the fund manager.
Advised the bankruptcy trustee of a virtual currency service provider on including or excluding the virtual currencies in the bankruptcy estate.
Advised Bondora on obtaining an authorisation to establish a branch in Slovenia to provide credit services.