WALLESS Assisted Clearshift in Setting Up a Subsidiary in Lithuania and Obtaining an Electronic Money License

WALLESS assisted Clearshift (US) Company in setting up a subsidiary in Lithuania and obtaining an electronic money license.

This license will allow Lithuanian subsidiary of Clearshift (US)  Clearshift UAB to issue electronic money and provide payment servicesClearshift UAB will conduct the business of the group, offering online B2B cross-currency payment services. Clearshift UAB intends to provide its clients with a possibility to use Clearshift services for payment transfers, issue e-money and operate e-money accounts opened with Clearshift UAB.

WALLESS Weekly Review

Subscribe and receive the summary of the Lithuanian Supreme Court's rulings every week in your inbox. The information is prepared by the WALLESS Arbitration and Dispute Resolution Team.

Please note that review is in Lithuanian.