PayRay is preparing to become a bank: experienced professionals were selected to the Supervisory Board

PayRay, a Lithuanian financial sector company that provides business services, is preparing to expand its business following the receipt of a bank licence earlier this month. When PayRay becomes a bank, its Supervisory Board members will be professionals with many years of experience in banking and in other sectors: Gintautas Galvanauskas, Kęstutis Šliužas and Tomas […]

Financial company PayRay will become a bank

With the approval of the Bank of Lithuania, the European Central Bank has granted a banking licence, which allows to lend and accept deposits, to the quickly-growing financial company PayRay. This will allow PayRay, a provider of factoring services and microcredits, to further expand its range of services and to serve its clients even better. […]