Latvia
LPB Bank Transitions to Magnetiq Bank, Shifting Focus to Fintech and e-Commerce Industries
AS LPB Bank officially changed its legal name to AS Magnetiq Bank, while also introducing a new brand visual identity. The renaming and rebranding of the bank are based on an acquisition deal concluded at the end of 2023, in
Read More
A Team From Latvia Wins the International Fintech Hackathon Open Finhack
The international financial technology hackathon “Open FinHack” ended with the victory of the Latvian team “Frankey.” The competition was fierce—231 participants from 38 countries applied for the hackathon. As part of the hackathon “Open FinHack”, participants searched for both B2B
Read More
Latvia Is Preparing the First Unified Sales Pitch to Approach Web 3.0 Companies
The Ministry of Economics of Republic of Latvia and the Latvian Blockchain Association have started cooperation to prepare a joint offering for international blockchain and financial technology companies. As a result, for the first time, Latvia’s country booth will placed
Read More
Openfin Hack International Fintech Hackathon Opens for Applications
Leading financial institutions, Fintech companies, and Latvian and European financial industry associations opens application opportunities for the international Fintech hackathon “OpenFin Hack”, which aims to promote innovation to make financial services more secure, inclusive and accessible. The OpenFin Hack hackathon
Read More
Latvia’s Fintech Industry on the Rise, Driven by Growth in Blockchain, Digital Lending, Regtech
Latvia is home to a dynamic fintech industry that’s witnessing remarkable growth in the blockchain and digital lending sectors. Additionally, the rise of regtech solutions is being driven by the need to comply to heightened regulatory requirements, offering opportunities for
Read More
Noda Partners to Lead Open Banking in the Baltic Gaming Sector
Noda, a leader in instant transaction facilitation, proudly announces its market expansion alongside Wargaming into the Baltic region, including Lithuania, Latvia, and Estonia. Starting in January 2024, this strategic partnership will bring innovative Open Banking payment solutions to online gamers
Read More
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