TGS Baltic has advised Opera Limited, an Internet browser provider with more than 360 million users, on its acquisition of Fjord Bank.
Fjord Bank is a full-digital consumer finance bank with head office in Vilnius, Lithuania. In December 2019, it was granted a specialized bank license by the European Central Bank, following the assessment and proposal of the Bank of Lithuania.
According to TGS Baltic, “the acquisition will enable Opera to further accelerate its FinTech operations in Europe by launching new, disruptive services aimed at improving consumers’ personal finances.”
TGS Baltic’s team included Partners Aurimas Pauliukevicius and Zygimantas Stankevicius and Associates Rimante Butkute, Julija Skardziute, and Karolina Lapinskaite.
TGS Baltic did not reply to our inquiry on the matter.