The fintech practice at Ellex operates alongside the firm's banking and finance team. The team is highly capable of obtaining fintech licenses in the ever-changing regulatory environment in Lithuania. Despite tighter regulations from the Bank of Lithuania, the practice has grown, bringing in new lawyers and handling matters for an increased number of clients. The team’s strong knowledge is demonstrated by its handling of payment institution licensing work, venture capital investment into fintech startups, and further licensing work in the electronic money market. The team is led by Ieva Dosinaitė and Giedrius Stasevičius, who bring a wealth of experience representing clients in the Lithuanian fintech market.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘Ellex’s Fintech team really helped our electronic money institution with many difficult challenges. Their advice on building a distributor model, like making important contracts and an oversight plan, showed their strong knowledge of the fintech area. Also, their skills in regulatory rules and risk management for bringing in crowdfunding platforms helped us manage payments from investors to project owners without worry.'
‘Ieva Dosinaitė's knowledge of complex fintech regulations was essential in developing our distributor model and ensuring compliance across the board.'
- 'We have appreciated how hands-on and responsive the team has been in addressing any queries or concerns we’ve raised. They’ve worked diligently to ensure that all matters related to billing were clarified to our satisfaction. Additionally, their use of technology and collaborative tools streamlines communication, making it easy to stay updated on all developments. This focus on efficiency and innovation reflects the firm's forward-thinking nature and commitment to client satisfaction.'
‘Ellex’s Fintech team has been instrumental in guiding us through complex regulatory and transactional challenges in the rapidly evolving fintech space. Their unmatched expertise and depth in handling cross-border operations set them apart from other firms. With a thorough understanding of both local and international fintech regulations, they have an exceptional ability to navigate the complexities of this sector.'
‘Giedrius Stasevičius, Ieva Dosinaitė, and Eglė Neverbickienė were the perfect Fintech team due to their extensive expertise and skills. Giedrius’s experience in handling complex fintech transactions, combined with Ieva’s deep knowledge of regulatory frameworks, ensured that all legal aspects were expertly managed. Eglė’s attention to detail in contracts and negotiations brought an additional level of precision to the table.'
‘Ellex has a diverse Finance team. Professionals in the team are structured and specialized in different fintech activity-related areas, like AML, regulatory compliance, financing and similar. Team experts have valued expertise and knowledge, and are well aware of recent developments and trends.’
‘Working with Ieva Dosinaitė has been a truly remarkable experience. What makes her stand out is her incredible expertise in financial transactions and regulatory matters, combined with her ability to navigate complex legal challenges with ease.'
'Ieva Dosinaitė’s leadership is not just about her deep understanding of financial regulations but also her strategic vision, ensuring every project is handled with precision and foresight.’
Key clients
- Adenza
- Payhawk
- Vinted
- Tenpay
- Bank of America
- Bosch
- Visa
- JP Morgan
- Wise
- Remitly
Work highlights
Advised Adenza, a portfolio company of Thoma Bravo, on the completion of the historic transaction for the acquisition of Nasdaq shares for a total value of USD10.5bn.
Assisted the UK-authorised payment service provider, Bud Financial, with obtaining a payment institution license in Lithuania for its local subsidiary Bud Financial and relocation of its European dimension activities to Lithuania.
Advised Taiwania Capital, one of the largest venture capital funds from Taiwan, on its investment in the Lithuanian fintech startup TransferGo.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
Ieva Dosinaitė; Giedrius Stasevičius
Other key lawyers
Eglė Neverbickienė