UAB "Verslo parama" is the legal entity behind Verse, a popular mobile payment app focused on the European market. The application allows users to send, receive, and request money from their contacts instantly and without fees. Founded in 2015, Verse aimed to simplify social payments and financial interactions among peers. In 2020, the company was acquired by Block, Inc. (formerly Square, Inc.), a major American financial services and digital payments company. UAB "Verslo parama" is licensed and supervised by the Bank of Lithuania, which authorizes its operations as an Electronic Money Institution across the European Economic Area.

Founded in

Lithuania