Praised for its ‘exceptional professionalism, deep industry knowledge, and a strong work ethic’, the banking and finance practice at Ellex assists electronic money institutions and online payment service providers with a blend of acquisitions, regulatory compliance work, and license approvals. ’Master of fintech’ Ieva Dosinaitė and Giedrius Stasevičius, who is praised for his ‘unparalleled wealth of experience’, jointly lead the team. For anti-money laundering matters, associate partner Neringa Mickevičiūtė is a key contact, while Julija Šlekonytė is noted for fintech regulation and licensing mandates. At the associate level, Domantas Gudonis and Jurgita Žiaušytė are key names to note.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'The team has very clear roles and responsibilities. You can be always sure that the advice you will receive will come from an expert in that particular area.'

  • ‘Simply put, they are the best. Of course, they know the law, but that's not all. They are experts in soft law, that is the team can advise on a most likely outcome in cases when regulations are vague since they have a huge practice and most likely they already dealt with your situation in practice.’

  • ‘We appreciate the positive attitude, professional approach and adherence to deadlines.’

  • ‘Ellex's fintech practice is very well equipped with talented professionals able to cover each and every emerging matter.’

  • 'Ieva Dosinaite is the master of fintech helping clients to smoothly navigate through complex regulatory matters, always keeping focused on the business rationale of each matter.’
  • ‘The individuals we have worked with at Ellex have been highly professional, proficient and demonstrated good market knowledge. We have worked with a number of firms in market. Ellex have led the way through their comprehensive understanding of the regulations, rules at both a national and European level.'

  • ‘Our collaboration with Ellex's Fintech practice is characterised by exceptional professionalism, deep industry knowledge, and a strong work ethic. Their innovative approach, market understanding, and extensive network make them the top choice for fintech matters. Clients value these qualities, making them stand out in the industry.’

  • ‘Competent, well connected, attention to detail is second to none, very engaged with their clients - they always find the time to address your questions.’

Key clients

  • Payhawk Limited
  • Kevin EU, UAB
  • Banked Limited
  • Facebook International Payments Limited
  • Flywire Europe, UAB
  • Nayax Europe, UAB
  • Walletto, UAB
  • Nomu Pay Limited
  • B4B Payments Europe UAB
  • Nuvei, UAB (previously – Simplex)
  • iSun AG
  • MiDi Financial, LTD
  • Finora bank, UAB
  • Curve Europe, UAB
  • Adenza
  • ConnectPay, UAB
  • Witty Global, UAB, W1tty Capital, UAB and W1TTY K, UAB
  • Kraken (Payward Inc.)
  • Binance (Bifinity, UAB)
  • NIUM EU, UAB
  • TeslaPay, UAB
  • CrowdCube Limited
  • Bebawa, UAB
  • TrueLayer Limited
  • Telia Lietuva, AB
  • Clear Junction Holding Limited
  • Zalando SE
  • Stripe Payments
  • Sonect Europe
  • Sollo, UAB
  • Nikulipe, UAB

Work highlights

  • Assisted Payhawk with obtaining an electronic money institution (EMI) license in Lithuania and relocated its European dimension activities to Lithuania.
  • Successfully assisted the UK-authorised payment service provider, Banked, with obtaining a payment institution licence in Lithuania for its local subsidiary Pay by B UAB.
  • Advised a Dutch-based investment fund, Finch Capital Fund II Coop and its subsidiary, Nomu Pay Limited, on acquiring UAB Click2Sell (operating under the trade mark Cardinity).

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Ieva Dosinaitė, Giedrius Stasevičius

Other key lawyers

Neringa Mickevičiūtė, Julija Šlekonytė, Gytė Maleckaitė, Domantas Gudonis, Jurgita Žiaušytė