Lending institutions

We advised our client on the implementation of a commitment decision issued by the Polish Office of Competition and Consumer Protection (UOKiK), which addressed certain practices related to informing clients about changes in payment service agreements. Specifically, the decision highlighted issues such as the improper form of notifying customers about fee changes and the lack of appropriate modification clauses in contracts.

We advised our client on preparing its new loyalty scheme for deployment in the Polish market. Loyalty scheme allows users to accrue points for card spend, in-app challenges and the use of selected Revolut services, and to redeem those points for benefits offered within the application.

We acted for our client throughout the implementation of a strategic partnership with, Poland’s leading mobile payments platform for urban mobility. The project enables Polish Revolut users to reserve parking spaces and purchase public-transport tickets directly in the client’s payment application.

A Lithuania-licensed credit institution operating cross-border in Poland and the banking arm of the globally recognised Revolut fintech group, renowned for its fully digital, innovation-driven retail and business banking services, has engaged the law firm on a long-term secondment to serve as its dedicated, Polish-qualified legal adviser.

We assisted our client in the comprehensive preparation of the documentation necessary to start the process of granting loans to micro-entrepreneurs. The loan agreements granted by the client are supported by the European Union from the ‘InvestEU’ fund.

We provide ongoing legal services to our client who provides consumer credit as a lending institution. The legal services include performing compliance functions in areas of the company’s operations, including legal advice on personal data protection and anti-money laundering and terrorist financing.