Motieka & Audzevicius has assisted UAB Elektroniniu Pinigu Bite in obtaining an e-money institution license for activities in Lithuania.
Elektroniniu Pinigu Bite is an affiliate of UAB Finansu Bite, the operator of FinBee (a prominent P2P platform in Lithuania), and UAB Finansu Bite Verslui, an operator of FinBee Verslui, the first crowdfunding platform in Lithuania.
The firm reports that its services included "the coordination of the whole licensing process, including drafting of the licensing documents and liaising with the Bank of Lithuania."
