Walletto UAB steadily increases new client portfolio
The revenue of the Lithuanian financial technology company Walletto UAB in 2021 reached 19.6
million euros. Also, the amount of customer funds has reached 63.9 million euros, which is 40%
more than in 2020.
“After assessing the company’s financial indicators, we can conclude that the last year turned out to
be a very strong stage in the company’s development. Our growth can be seen in all indicators, from
revenues to the number of employees. We earned our revenues from all the main services - issuing,
acquiring and payments. We follow our long-term strategy, which is also one of the main reasons
for our success”, says Romans Baranovs, Director of Walletto UAB.
Upon the impact of the global pandemics that accelerated the digital transformation, Walletto UAB
was able to adapt and conquer higher market positions. This was possible to achieve thanks to our
great knowledge of the latest technologies, expert team and even more to a professionally
developed business strategy.
Walletto UAB is an electronic money institution that provides card issuing and ecommerce services
to its clients at affordable rates. The company holds a license to provide financial services from the
Bank of Lithuania and its main office is located in Vilnius. Walletto UAB is Principal Member
Issuer and Acquirer of Mastercard and Visa, and is a SWIFT and SEPA direct participant.