WALLETTO, a Lithuania-based Electronic Money Institution (EMI), is a comprehensive fintech infrastructure provider for businesses seeking to offer payment services.
Operating across the European Economic Area (EEA), the company delivers an all-in-one platform tailored primarily for startups and fintech companies.
Beyond providing core financial services such as issuing, acquiring, accounts, and payments, WALLETTO also plays a key role as a technology partner. It supports startups and fintech businesses with the underlying infrastructure needed to launch, scale, and adapt their products in a highly competitive market. Many startups come with just an idea, and WALLETTO helps bring it to life.
A Full-Service Payment Infrastructure Provider
WALLETTO operates as both an acquirer and an issuer, holding Principal Membership with Visa and Mastercard. In addition, it maintains PCI DSS Level 1 certification—the highest standard in payment card security.
While many market players focus on the visible “tip of the iceberg,” WALLETTO builds and operates the deep technological foundation.
“Our company effectively serves as the technological and operational background for businesses that want to integrate financial services into their own products,” says Irina Istjagina, Member of the Management Board at UAB WALLETTO.
Last chance: Get your tickets for Baltic Fintech Days May 13
Strong Growth and Market Position
With eight years of operational experience, WALLETTO has established itself as a reliable partner in the European payment ecosystem. In 2024, the company was granted Public Interest Entity status, reflecting its importance in the financial market and its adherence to strict standards of transparency, governance, and financial stability.
The company’s 2025 performance marked a significant milestone:
- Net turnover increased by 43% year-on-year
- Ranked 4th in Lithuania by payment revenue
- Positioned among the top 10 by payment volume
Meeting the Demand for Consolidation
The payments industry has traditionally been fragmented, with providers specialising in specific areas such as issuing, acquiring, or processing. However, demand is shifting toward consolidated, end-to-end solutions.
WALLETTO was built with this integrated model from the outset.
“We don’t build user interfaces,” explains Istjagina. “We provide the foundation that makes interfaces possible—the entire technical and operational layer, including processing, integration, payment logic, and compliance.”
A Technology-First Approach
In the payments industry, uptime isn’t just a metric, it’s a necessity. WALLETTO ensures a system availability level of 99.99%, reflecting its commitment to uninterrupted service and operational excellence.
At its core, WALLETTO is a technology-driven company. Its team has deep expertise in payment infrastructure, and the entire technology stack has been developed in-house.
To ensure reliability and high availability, the company operates:
- Multiple processing centres
- Duplicated data centres
- Automatic failover systems
Importantly, WALLETTO has reduced reliance on major external cloud providers by developing its own proprietary processing centre, enhancing operational independence amid growing geopolitical and technological risks.
Last chance: Get your tickets for Baltic Fintech Days May 13
Looking Ahead
Fintech is not standing still. The industry is continuously evolving, driven by:
• Geographic expansion into new markets
• The growing diversity of payment methods
• The tokenisation of assets
• The ongoing digitalisation of currencies
As the fintech landscape continues to evolve, WALLETTO is investing in innovation to maintain its competitive edge. This includes integrating artificial intelligence into its systems and preparing its platform to support tokenised assets.
“Widespread adoption of crypto and digital assets in everyday payments hasn’t happened yet,” says Istjagina. “However, with regulatory frameworks evolving, particularly in Europe, we expect gradual change.”
By combining deep technological expertise with a personalised approach, WALLETTO continues to strengthen its role not just as a service provider, but as a long-term and trusted infrastructure partner for fintech companies across Europe.
