Walless has helped Revolut Payments UAB get on the Bank of Lithuania's official List of Insurance Brokers, allowing Revolut to engage in insurance distribution activities.
According to Walless, Revolut Payments "is the first company in Lithuania [to take] advantage of the recent amendments of the Lithuanian Law on Insurance, allowing market participants providing other financial services to also register as Insurance Brokers."
Revolut Payments plans to provide insurance distribution services related to travel and mobile device insurance through its app.
The Walless team was led by Associate Partner Laurynas Narvydas.
