Europe - Lithuania

Ellex

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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.’

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Key clients

  • Payhawk Limited
  • Kevin EU, UAB

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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.

Abbreviated data is displayed for this firm.