Green light from the Bank of Lithuania: Ebury’s acquisition of ArcaPay approved
It’s official – the Bank of Lithuania has approved Ebury’s acquisition of ArcaPay! Providing international payments and FX services to businesses worldwide, global fintech Ebury is now cleared to acquire 100% of ArcaPay – a licensed Lithuanian payment institution focused on cross-border business transfers.
The approval also allows PAGONXT SL and Banco Santander S.A. to indirectly acquire a stake in ArcaPay. This move further strengthens Lithuania’s position as a trusted and growing hub for international fintech.
Led by Partner Joana Baublytė-Kulvietė, Senior Associate Viktorija Dusajeva and Associate Iveta Balčiūtė, WALLESS team advised Ebury throughout the process, ensuring full compliance with regulatory requirements. Congratulations to all parties on this success!
Deal team
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Joana Baublytė-Kulvietė
Partner | Attorney at Law -
Iveta Balčiūtė
Associate -
Viktorija Dusajeva
Senior Associate