DLK Legal has helped Lithuania's Finnovative Solutions UAB obtain a payment institution license from the Bank of Lithuania to provide Account Information Services and Payment Initiation Services.
Finnovative Solutions is a subsidiary of Savangard sp. z o.o. – a provider of IT solutions for the financial sector, in particular solutions dedicated to providing AIS and PIS services. Savangard provides tools dedicated both for providers of these services and for payment account providers.
DLK’s team included Managing Partner Krzysztof Korus, Attorney Szymon Zych, and Lawyers Mikolaj Ceglowski and Aleksandra Ksiezak.