Latvia’s fintech industry has continued to grow and mature over the past year, showing notable growth in scale,…
Latvia
Fintech in Latvia
Latvijas Banka has granted its second authorisation for crowdfunding services this year, approving FLOW, a platform developed by…
The Ministry of Finance of Latvia has published its Fintech Strategy for the period 2025 to 2027, outlining…
Riga-based biometric technology firm Handwave has secured US$4.2 million in Seed funding to roll out its palm-based identity…
Artificial intelligence (AI) is a rapidly advancing industry in the Baltic states of Estonia, Latvia, and Lithuania, with…
Latvia is steadily becoming an attractive hub for cryptocurrency and blockchain firms, fueled by increasing interest from international…
xpate, an electronic money institution licensed in Latvia, has become the first non-bank payment service provider to join…
For the first time, Estonia’s EstBAN, Latvia’s LatBAN, and Lithuania’s LitBAN will jointly invest up to €500,000 in…
The Baltic Finance Center of RTU Riga Business School has published a study “What Should Latvia’s Next National…
The central bank of Latvia, Latvijas Banka, has announced free pre-licensing consultations for crypto-asset service providers looking to…
In 2024, the Latvian fintech ecosystem continued to grow and evolve, driven by rapid technology advancements, new companies…
The Baltic region, comprising Estonia, Latvia and Lithuania, has emerged as the home of a growing startup ecosystem,…
German’s N26 announced the launch of Stocks and ETFs trading in 12 new markets. With the introduction of…
INDEXO Bank has officially launched operations in Latvia after obtaining a banking licence from the European Central Bank.…
The fintech industry is evolving, and regulatory requirements are becoming more stringent. As of April 2025, the European…
In anticipation of European Union licensing regulation, Latvian central bank (Latvijas Banka) is inviting companies seeking a crypto-asset…
AS LPB Bank officially changed its legal name to AS Magnetiq Bank, while also introducing a new brand…
The international financial technology hackathon “Open FinHack” ended with the victory of the Latvian team “Frankey.” The competition…
The Ministry of Economics of Republic of Latvia and the Latvian Blockchain Association have started cooperation to prepare…
Leading financial institutions, Fintech companies, and Latvian and European financial industry associations opens application opportunities for the international…