WALLESS Assisted DiPocket Limited in Setting Up a Subsidiary in Lithuania and Obtaining an Electronic Money Institution License from the Bank of Lithuania

2020 11 16

Congratulations to DiPocket Lithuanian subsidiary – DiPocket UAB – that has been granted an electronic money institution license by the Bank of Lithuania. This license will allow DiPocket UAB to issue electronic money and provide payment services.

Continuing DiPocket Limited model, DiPocket UAB will pursue a unique market strategy and focus on B2B2C as opposed to the customary B2C or B2B. They will target business clients who already have a large customer base and want to increase and deepen interaction with their customers by adding customized financial services to their offer.

WALLESS team who assisted DiPocket UAB throughout the incorporation and licensing process included Joana Baublytė-Kulvietė, Akvilė Marozaitė and Viktorija Žemaitytė

More information can be found in the following articles – Bank of Lithuania and Invest Lithuania.