About

Provided by WALLESS

The WALLESS FinTech team, led by Partner Joana Baublytė-Kulvietė with Partners Gediminas Rečiūnas and Laurynas Narvydas, is among the strongest in the Lithuanian market. With most team members having 7–13 years of experience in financial regulation, WALLESS offers clients direct access to senior expertise across payments, compliance, AML, licensing, and regulatory-driven M&A. Working as one integrated Baltic practice, the team provides unified regulatory support across Lithuania, Latvia, and Estonia, assisting clients with regional and global operations.

 

WALLESS financial regulatory team stands out in the market due to its:

  • Specialised know-how in payments, financial services regulation, AML, compliance, licensing, and regulatory-driven transactions.
  • Expertise in new regulatory areas, including crypto-assets, MiCA, DORA, PSD3/PSR, AMLA, and ESG-related compliance.
  • Broad industry coverage – from banks, e-money and payment institutions, to brokerage, asset management, private funds, pension funds, and insurance companies.

Chambers Review

Provided by Chambers

FinTech Legal - Lithuania

1
Band 1

What the Team is Known For

WALLESS has a strong banking practice and acts for many well-known FinTech clients. Its lawyers advise on payments and VASP licensing as well as regulatory compliance, including AML. Its team also assists with significant transactional matters such as mergers, fundraising and corporate structuring.

Strengths

Provided by Chambers

Notable Practitioners

Provided by Chambers

Joana Baublytė-Kulvietė
1
Joana Baublytė-Kulvietė
Head of FinTech Legal
1
Band 1
Joana Baublytė-Kulvietė is a co-founder of the firm's finance team. She has vast experience in banking and finance and advises on significant FinTech financings, transactions and regulatory compliance matters.

Joana Baublytė-Kulvietė is responsive and pragmatic, and she is able to come up with optimal solutions for a client's needs.

Joana Baublytė-Kulvietė is really one of the top lawyers in the market.

Gediminas Rečiūnas
3
Gediminas Rečiūnas
Head of FinTech Legal
3
Band 3
Gediminas Rečiūnas advises on FinTech merger and acquisition deals, regulatory licensing and compliance matters. His FinTech clients include digital banks, insurers and fund management companies.
Simona Vosylienė
4
Simona Vosylienė
4
Band 4
Simona Vosylienė advises FinTech clients on licensing matters and regulatory compliance. Vosylienė is particularly well regarded for her expertise in anti-money laundering issues.

Simona Vosylienė is a really strong expert. Her specialisation is AML.

Ranked Individuals at
WALLESS

Provided by Chambers
Filter by
Band

Lithuania

FinTech Legal

Joana Baublytė-Kulvietė
1
Joana Baublytė-Kulvietė
Head of FinTech Legal
1
Band 1
Gediminas Rečiūnas
3
Gediminas Rečiūnas
Head of FinTech Legal
3
Band 3
Simona Vosylienė
4
Simona Vosylienė
4
Band 4

Members

Provided by WALLESS

Akvilė Marozaitė

Gediminas Rečiūnas

Gediminas Rečiūnas

Head of Department

Joana Baublytė-Kulvietė

Joana Baublytė-Kulvietė

Head of Department

Laurynas Narvydas

Head of Department

Samanta Blėdienė

Viktorija Dusajeva