DriveWealth Europe secures financial brokerage license, boosting Lithuania’s position as a fintech hub
Another license unlocked: DriveWealth Europe, part of the U.S.–based DriveWealth group, has secured a financial brokerage license from the Bank of Lithuania. This opens the door for them to operate across Lithuania and the EU, connecting investors to major markets like NYSE and NASDAQ.
Lithuania continues to attract global players and secures its name as a fintech hub in Europe. Meanwhile, DriveWealth’s entry is set to boost competition and draw more investor interest. This is yet another success story for WALLESS. Partners Joana Baublytė-Kulvietė, Laurynas Narvydas, Associate Partners Liucija Bitinaitė, Akvilė Marozaitė, Alma Monkevičienė, Guoda Šileikytė, Senior Associates Gabrielė Gudauskienė, Mykolas Lukšėnas, Associate Ieva Pikaitė, Junior Associate Iveta Balčiūtė, Legal Assistant Ignė Kazanavičiūtė and other legal professionals provided the expertise that helped make it happen.
Big congratulations to the DriveWealth team!
Deal team
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Joana Baublytė-Kulvietė
Partner | Attorney at Law -
Laurynas Narvydas
Partner -
Liucija Bitinaitė
Associate Partner | Attorney at Law -
Akvilė Marozaitė
Associate Partner -
Alma Monkevičienė
Associate Partner -
Guoda Šileikytė
Associate Partner | Certified Information Privacy Professional (CIPP/E, CIPM) -
Gabrielė Gudauskienė
Senior Associate -
Mykolas Lukšėnas
Senior Associate -
Ieva Pikaitė
Associate -
Iveta Balčiūtė
Junior Associate -
Ignė Kazanavičiūtė
Legal Assistant