Legal News December 2020

Deloitte Fintech team advised Demivolt on obtaining an electronic money institution license in Lithuania

Demivolt will offer various payment services, including payment initiation, account information, acquiring of payment transactions, and currency exchange services. Demivolt is well educated in compliance with financial technology regulations and requirements, and willing to provide the best service in the market for their clients, both natural and legal persons. For more information, please visit

Deloitte's team was pleased to assist Demivolt on all issues related to the electronic money institution license, from business plan and, company establishment, application documents to final touches of full readiness for a license. The Deloitte team consisted from Tomas Davidonis, Monika Žlabienė, Gintė Šimkevičiūtė and Ema Pauraitė from Legal practice and Vytautas Čiapas from Financial Advisory.

Deloitte wishes Demivolt team to make an impact that matters!

Did you find this useful?