Walletto

History & Founding

Walletto was founded in Lithuania and received its Electronic Money Institution license (No. 33) from the Bank of Lithuania on March 29, 2018. Operating under the legal name UAB Walletto, the company set out to deliver secure, regulated payment services for both consumers and businesses. Over the years, it has expanded its product suite to cover acquiring, issuing, and digital banking‑style business accounts.

Leadership

In early 2026, Walletto appointed Ineta Mačinskienė as CEO. She brings over five years of leadership and business development experience in the financial and fintech sectors and has emphasised sustainable growth, compliance culture, and product development. Prior leadership details are not publicly disclosed, but the company’s LinkedIn page indicates a team of experienced fintech professionals.

Products & Platforms

Walletto offers a modular suite of payment services targeted at e‑commerce, marketplaces, and other corporate clients. Its Payment Gateway is a white‑label or integrated gateway that enables merchants to accept online payments in multiple currencies and payment methods, including open banking rails. Card Issuing covers both virtual and physical prepaid cards for business expenses, payroll, or retail spending. Acquiring gives e‑commerce merchants full acquiring capabilities, allowing direct settlement from card networks and alternative payment methods. Business Accounts are digital multi‑currency accounts accessible via the Walletto mobile app (iOS) and web platform, featuring intra‑EU transfers, real‑time transaction monitoring, and multi‑currency balances. The company also integrates Compliance & Risk Tools powered by AMLYZE for transaction monitoring, customer risk assessment, and AML investigations.

Market Position & Recent Developments

Walletto has become a member of an unidentified financial industry organisation and reported strong growth for 2025, describing the year as one where it “reinforced the foundation” for future expansion. The appointment of Ineta Mačinskienė signals a focus on compliance culture and product maturation. In 2025/2026, Walletto chose AMLYZE to advance its payment compliance, adopting the full AMLYZE product suite for transaction monitoring, CRM, and investigations. No public funding rounds have been disclosed; the company appears to be privately funded or self‑sustaining.

Regulatory Footprint

As a licensed Electronic Money Institution regulated by the Bank of Lithuania, Walletto is authorised to issue e‑money and provide payment services across the European Economic Area. It also acts as a Principal Member of certain card schemes (details not publicly available), enabling direct card issuing and acquiring.