In July 2025, Walless announced that Ebury's acquisition of ArcaPay (as reported by CEE Legal Matters on January 24, 2025) has closed.
According to Walless, "providing international payments and FX services to businesses worldwide, global fintech Ebury is now cleared to acquire 100% of ArcaPay, a licensed Lithuanian payment institution focused on cross-border business transfers. The approval also allows Pagonxt SL and Banco Santander S.A. to indirectly acquire a stake in ArcaPay."
As previously reported, Walless, working with Reynolds Porter Chamberlain, has advised Ebury on the acquisition of Lithuania-based ArcaPay. Tegos advised ArcaPay.
Ebury is a financial services company.
ArcaPay specializes in international payment solutions.
The Walless team included Partners Andrius Ivanauskas and Joana Baublyte-Kulviete, Senior Associates Migle Jeremiciute and Viktorija Dusajeva, and Associate Iveta Balciute.
The Tegos team included Partners Zygimantas Stankevicius and Indre Barauskiene and Senior Associates Paulius Dabulskis, Ruta Tikuisyte, and Rasa Blinstrubiene.
