Sorainen has helped CBI Money obtain an e-money license from the Bank of Lithuania.
CBI Money is part of the China Binary New Fintech Group – a China-based company providing online transaction services and listed on the Hong Kong stock exchange.
According to Sorainen, “CBI Money will be administering payment systems that allow rapid and inexpensive money transfers from Europe to China and vice versa, which will enable opening electronic accounts, issuing e-money, saving money, and providing payment services.”
The Sorainen team included Partner Tomas Kontautas and Senior Associate Laura Matukaityte.
