DriveWealth Europe secures financial brokerage license, boosting Lithuania’s position as a fintech hub
2024 10 23
Another license unlocked: DriveWealth Europe, part of the U.S.–based DriveWealth group, has secured a financial brokerage license from the Bank of Lithuania. This opens the door for them to operate across Lithuania and the EU, connecting investors to major markets like NYSE and NASDAQ.
Lithuania continues to attract global players and secures its name as a fintech hub in Europe. Meanwhile, DriveWealth’s entry is set to boost competition and draw more investor interest. This is yet another success story for WALLESS. Partners Joana Baublytė-Kulvietė, Laurynas Narvydas, Associate Partners Liucija Bitinaitė, Akvilė Marozaitė, Alma Monkevičienė, Guoda Šileikytė, Senior Associates Gabrielė Gudauskienė, Mykolas Lukšėnas, Associate Ieva Pikaitė, Junior Associate Iveta Balčiūtė, Legal Assistant Ignė Kazanavičiūtė and other legal professionals provided the expertise that helped make it happen.
Big congratulations to the DriveWealth team!