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Walless Helps Crius LT Obtain Specialized Banking License from ECB

Walless Helps Crius LT Obtain Specialized Banking License from ECB

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Walless has helped Crius LT obtain a specialized banking license from the European Central Bank, following the Bank of Lithuania’s assessment and proposal.

According to Walless, Crius LT is expected to start its activities as a transactional bank and offer digital banking services to business customers (small and medium-sized enterprises, e-commerce firms, and other financial institutions). 

The Walless team consisted of Partner Joana Baublyte-Kulviete and Associate Partner Lina Radaviciene, among others.