Latvia

Top 14 Fintech Events in the Baltics and the Nordics to Attend in H1 2024

Over the years, the Nordic and Baltic regions have emerged as vibrant hubs for fintech innovation, fueled and facilitated by advanced digital infrastructure and digitally literate populations, government support, and strong collaboration between traditional financial institutions, startups and technology companies.

Read More

First Fintech Board Members Academy to Be Launched in Latvia

Latvia is set to host the first “Fintech Board Members Academy” at the end of this month. This crafted, two-day, in-person event is tailored for industry leaders, offering a comprehensive program that explores critical topics shaping the future of the

Read More

Fintechs Will Get Access to Latvia’s Central Bank Retail Payment System

The Council of Latvijas Banka has approved an initiative that will enable non-bank payment service providers – payment and e-money institutions – and in the future also crypto-asset service providers to open an account with Latvijas Banka for the segregation

Read More

airBaltic Reveals Roadmap for Further Planies NFT Development

October marks the one-year anniversary, since the Latvian airline airBaltic launched its loyalty programme – a collection of 10 000 non-fungible tokens (NFT), known as Planies. Now, the company is committed to further developing this project, thus introducing a new

Read More

Challenges in E-commerce: The Battle for Conversion

At the end of the day every entrepreneur wants to see how much profit they’ve made. In the world of e-commerce, nothing beats conversion when the client acts on your marketing appeal – unless a visitor buys something, is there

Read More

LPB Bank Mission Is to Provide a One-Stop Service to Fintech

LPB Bank stands out against the background of the banks of the Baltic banking market with its financial and technological solutions, which are already successfully used by fintech companies, as well as the constant development of the technologies. The bank’s

Read More

SaltPay Acquires Two Latvian Companies to Establish Engineering Hub in Riga

SaltPay, a UK-based Fintech company that provides affordable and secure payment and software solutions for small and medium-sized businesses, has announced that it has acquired two Latvian firms, MeaWallet and A-Heads Consulting. This acquisition is part of SaltPay’s plan to

Read More

UBS Chooses Regula’s Identity Verification Solutions to Automate Onboarding

UBS has partnered with Latvian identity verification company Regula to create a fully automated and 24/7 account opening process for new customers. Instead of real-time video interviews, which were previously required by UBS to verify new customers, the enrollment process now

Read More

Cross-Border Payments Platform ArcaPay Enters the Latvian Market

UK-based cross-border payments platform ArcaPay has entered the Latvian market to provide SMEs with trading partners outside the eurozone an alternative to commercial banks. ArcaPay specialises in cross-border payment, foreign exchange and currency risk management solutions. Its services are built

Read More

LPB Bank: The Fintech Industry in Latvia Has Great Potential but Requires Decisive Action

The FinTech industry in Latvia has enormous opportunities lying ahead – this was one of the insights at a recent forum held by the Financial and Capital Markets Commission (FCMC) and the Investment and Development Agency of Latvia (LIAA), with

Read More