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Walless Helps Stanhope Financial Establish Foothold in Lithuania

Walless Helps Stanhope Financial Establish Foothold in Lithuania

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Walless has helped Stanhope Financial establish a subsidiary in Lithuania and obtain an e-money institution license from the Bank of Lithuania.

Stanhope Financial is described by Walless as an Irish capital fintech startup which offers financial strategies and consulting solutions, including FX payments, treasury services, hedging, and international payments.

According to Walles, “after obtaining an e-money institution license from the Bank of Lithuania, Stanhope Financial will serve customers – legal entities, mainly small and medium-sized businesses – [by] providing them with e-wallets, enabling them to accept and execute local and international payments, and issuing payment cards.” 

Walless's team consisted of Partner Joana Baublyte-Kulviete and Associate Viktorija Dusajeva.

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