WALLESS Assisted UAB Fintegry in Obtaining a Payment Institution License Authorizing to Provide Account Information Service

UAB Fintegry has been granted a payment institution license authorizing to provide account information service by the Bank of Lithuania.

The license authorizes UAB Fintegry to expand the scope of its current services and to enter licensed payment services area. UAB Finegry is a very well-known IT service provider with global experience in provision of tailored IT solutions for modern business and institutions of the ever-evolving financial sector. The company already provides its IT services to credit institutions, fintechs, regtechs and other clients seeking for innovative IT solutions and now it will be able to offer them also integrated account information services.

Initially account information services is expected to be provided in Lithuania with a possibility to expand to other European Economic Area member states in the nearest future.

WALLESS team consisting of partner Gediminas Rečiūnas, associate partner Simona Kišūnaitė and associate Viktorija Dusajeva assisted UAB Fintegry through the whole licensing process.