EMI in Lithuania, licensed since 2019, with direct CENTROlink

About This Company

Closing delivers to the buyer an operational electronic money institution with direct CENTROlink access, SWIFT capability, and about 200 active SME and retail customers. Incorporated in 2019, the business processed more than EUR 300M during 2024, issues Lithuanian IBANs, and completes financial audits annually. Lietuvos bankas, the central bank of Lithuania and a Eurosystem member, supervises credit, payment, electronic money, capital, and crypto-asset markets. The buyer consults the public register of the Bank of Lithuania before signing to verify that the institution is in good standing among the 70 authorised firms of this type recorded in September 2026. On that register, official confirmation validates the Electronic money institution licence for non-limited activity granted under Republic of Lithuania Law on Electronic Money and Electronic Money Institutions No XI-1868. Authorisation permissions can passport e-money issuance and payment services to all 30 EU/EEA member states. Minimum initial capital requires EUR 350,000, while ongoing own funds must equal or exceed Method D calculations. Prior written notification must be submitted to the Bank of Lithuania before acquiring a qualifying holding of 10% or crossing higher statutory equity thresholds. Assessment of acquirer fitness and financial soundness runs for a statutory period of 60 working days under Law on Banks Arts 24-25.