Department profile
WALLESS

FinTech Legal

FinTech Guide 2026 : Lithuania

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WALLESS

Rankings

About

Provided by WALLESS

The WALLESS FinTech team, led by Partner Joana Baublytė-Kulvietė with Partners Laurynas Narvydas and Simona Vosylienė, 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

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.
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Strengths

Provided by Chambers

  • WALLESS has good strategic oversight on the matter being handled and have a strong and disciplined approach to problem solving. I have not met a stronger legal team in Lithuania yet.

    FinTech Legal respondentFinTech

Notable Practitioners

Provided by Chambers

  • Joana BaublytÄ—-KulvietÄ—
    Joana BaublytÄ—-KulvietÄ—

    Joana BaublytÄ—-KulvietÄ—

    Joana BaublytÄ—-KulvietÄ— 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 BaublytÄ—-KulvietÄ— has very good strategic insights, follow-up and most of all is focused on delivering value to the client.

      FinTech Legal respondentFinTech
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  • Simona VosylienÄ—
    Simona VosylienÄ—

    Simona VosylienÄ—

    Simona VosylienÄ— advises FinTech clients on licensing matters and regulatory compliance. VosylienÄ— is particularly well regarded for her expertise in anti-money laundering issues.

    • I think Simona VosylienÄ— is really strong in AML and she works with many FinTechs.

      FinTech Legal respondentFinTech
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Ranked Individuals at WALLESS (2)

Lithuania

Members

Provided by WALLESS

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