Cobalt has helped Kevin EU, UAB obtain a license as a payment institution from the Bank of Lithuania, making it the 31st market participant to do so.
Kevin EU intends to provide money remittance activities and, according to Cobalt, it "is ready to fulfill all the requirements applicable to a payment institution."
The Cobalt team was led by Partner Akvile Bosaite and Senior Associate Justina Milasauskiene.
