WALLESS Assisted PayRay on Getting a Full Banking License from the Bank of Lithuania and the European Central Bank

WALLESS assisted PayRay on acquiring a full banking license by the Bank of Lithuania and the European Central Bank. This is the first full banking license issued in Lithuania after more than a decade. This license will allow PayRay accepting deposits and diversifying its funding sources for the SME financing business. WALLESS team are happy to see the fourth banking license obtained by WALLESS clients recently and welcome one more financial institution to the market.