„Paytend Europe“ starts it’s activity in Europe with an e-money institution licence

03/12/2018

Paytend Technology from China successful received an e-money institution licence for developing of financial services in the EU.

The company plans to employ up to 50 marketing sales, compliance, product development and customer service specialists over the next three years.

As the head of „Paytend Europe“ told for the media,  the process of obtaining an electronic money institution license from the Bank of Lithuania was simple, transparent and efficient.

We are glad having been together with them during all licensing process!

More in Lithuania please read an article of vz.lt – https://www.vz.lt/technologijos-mokslas/2018/11/29/kinijos-fintech-bendrove-lietuvoje-atidaro-europos-bustine.

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Inga Karulaitytė

Lawyer, Attorney at law, Partner, Head of Banking and Finance & FinTech, CAMS

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