Latvia

Luminor Bank Partners Ondato for Remote Opening of Business Accounts in Latvia

Luminor Bank has partnered with Ondato, a Lithuanian provider of compliance-as-a-service, to allow companies to remotely open business accounts at the bank in Latvia. Ondato’s identification platforms will enable Luminor’s business customers to open a new account from anywhere in

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Latvian Regulator FCMC Grants License to Investment Platform Debitum

Latvia’s Board of the Financial and Capital Market Commission (FCMC) has issued a license to SIA DN Operator, the legal company that runs the Debitum investment platform. This license is for the provision of investment and ancillary services, allowing Debitum

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Danish PFM Platform Spiir Released the Beta Version of Its App in the Baltics

Danish personal financial management (PFM) app Spiir announced that it has launched a beta version of its app in the Baltics ahead of their recent expansion into Estonia, Latvia and Lithuania. The team behind the app has made a special

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Latvia Named Top Country With Largest Growth Fintech Interest Since 2020

Over the past year, Latvia, Zimbabwe and Israel have witnessed the highest surge in fintech interest worldwide, an analysis by the Fintech News Network found. Latvia considered as one of the most startup-friendly countries in the world Google Trends data

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Latvia Develops Fintech Policies, Named World’s Most Startup-Friendly Country

Latvia has announced plans to develop two national policies to support the startup ecosystem; a national startup support policy, as well as a dedicated fintech strategy to support the rapidly-growing vertical. The country is named one of the most startup-friendly

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Latvian Fintech VIA SMS Enters Philippines Market Through Investment in VAMO.ph

Latvian fintech VIA SMS Group continues to expand its presence in Asia-Pacific by investing in the development of consumer lending brand VAMO.ph in the Philippines. The decision on further strategic expansion in the region follows successful business operations in Vietnam

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Stripe Rolls Out Issuing Service in Baltics

U.S.-based fintech Stripe announced that it has launched its issuing services across 20 European countries. Stripe Issuing is now available in Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia,

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Maxima Partners Citadele for Enhanced Card Payment Services in Its Latvian Stores

Latvian bank Citadele and retail store Maxima has signed an agreement on card acquiring for almost all 1300 POS terminals in all 176 Maxima shops in Latvia in order to serve customers with lower risk of payment interruption. The partnership

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airBaltic World’s First Airline to Issue NFTs

Latvian airline airBaltic announces that it will become the world’s first airline to issue non-fungible tokens (NFTs). The airline will issue limited collector NFTs showcasing an individual Airbus A220-300 with its registration as well as a piece of art of

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Latvian Fintech Startup Jeff App Raises $1 Million for Southeast Asian Expansion

Jeff App, a Latvian fintech startup providing a data-enabled loan brokerage platform for unbanked customers in Asia, has closed a $1 million financing round. Jeff App said that the funds will be used to launch new products and fuel growth

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