27
Wed, Jan
75 New Articles

Cobalt Helps ValorPay Obtain Payment Institution License

Cobalt Helps ValorPay Obtain Payment Institution License

Lithuania
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Cobalt has advised ValorPay UAB on obtaining a payment institution license from the Bank of Lithuania to provide payment services.

According to Cobalt, with the license, ValorPay will be able to offer certain payment services provided in compliance with the Law on Payments, such as direct debits, card payments, credit transfers, acquisition of payment transactions, and money remittances. 

Cobalt’s team was led by Partner Akvile Bosaite, Senior Associate Justina Milasauskiene, and Associate Justina Auzbikaviciene.

Our Latest Issue