UAB Walletto selects Geniusto International as its key Partner to provide a powerful, Multi-Tenant, Digital Banking Management Suite

UAB Walletto selects Geniusto International as its key Partner to provide a powerful, Multi-Tenant, Digital Banking Management Suite
July 12, 2022 | By Geniusto

Geniusto International Ltd today announced a new partnership with UAB Walletto.

The goal of this partnership is to take Walletto to a new level of digital transformation. Geniusto’s solution will improve their operations and enable them to expand their services.

Under this partnership, Walletto will be provided with the Geniusto [GO] Digital Banking Management Suite – Mobile and Internet banking; Payment System; Back Office and On-boarding & KYC solution.

Geniusto’s technology for Walletto’s payment system includes: “multi-tenant” support. The multi-tenant solution supports a “B2B2C” client system, which allows it to work together with business clients or partners, under a single instance system. The multi-tenant solution gives Walletto partners the ability to manage and work with their customers in a single system with Walletto.

“We are delighted that Walletto have selected Geniusto for their core management platform to scale their business to the next level. This marks an important step in our own evolution as we roll out multi-tenant services to empower our customers to grow their payment volumes more rapidly whilst remaining compliant with both internal policy and external regulation.” says Matthew Edmunds, CEO of Geniusto International Ltd.

“We chose Geniusto among several providers because they have a flexible and business friendly approach to our needs, and support Walletto and our customers to become part of a modern, digital environment.” says Romans Baranovs, CEO at UAB Walletto.

About Geniusto:

Geniusto is a technology enabler for banks, payment providers, Remittance Companies, and eMoney issuers on an international scale.

Headquartered out of Australia; Geniusto’s digital banking and payment solutions are relied on by regulated institutions in a dozen countries across Europe and the UK, Southeast Asia, and the USA.

The company’s objective is to empower financial institutions with elegant and efficient solutions so that they can deliver an uncompromising customer experience.

About UAB Walletto:

UAB Walletto is a rapidly growing Lithuanian Electronic Money Institution regulated by the Bank of Lithuania. UAB Walletto is also a Principal Member of Visa and Mastercard as an Issuer and an Acquirer, and a direct participant of STEP2 and SWIFT.

The company provides regular bank account opening services, SEPA and SWIFT payments, consumer card issuing and payment cards acquiring for e-commerce.

To find out more about Walletto please visit