First Fintech Board Members Academy to be launched in Latvia

The Latvian fintech landscape has kicked off the year 2024 with notable vigor. Scheduled for January 25-26, the inaugural "Fintech Board Members Academy: Empowering Excellence" is set to unfold.

Environment conducive to innovation and fintech development: Latvijas Banka’s initiatives

Much has been done for the development of Latvia's fintech sector in 2023. Already at the beginning of the year, the government approved the development strategy for Latvia's fintech sector, defining Latvia's vision for fintech and the steps to be taken.

Fintech companies will be provided access to Latvijas Banka’s 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 of their customer funds. Likewise, Latvijas Banka will provide non-bank payment service providers with the possibility to directly participate in the Electronic Clearing System (EKS), thus facilitating the development of payment services in Latvia.

Latvijas Banka issues authorisation to provide crowdfunding services to SE Capitalia

On 1 November, the Supervision Committee of Latvijas Banka decided to issue authorisation to provide crowdfunding services to SE Capitalia pursuant to Regulation (EU) 2020/1503.

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“Fintech Pulse 2023” highlights the current reality of the fintech sector in Latvia

Fintech is playing an important role in the development of the nation’s financial sector, as well as in fostering exports, both in Latvia and elsewhere in the world. To illustrate the situation in this area in Latvia, today at the FinTech Forum, the Fintech Latvia Association presented the second industry report “Fintech Pulse 2023”.

Companies PrimeX and SIA gain recognition at the Fintech Factor competition

On 10 October, fintech companies PrimeX and SIA received recognition at the Fintech Factor competition held during the Latvia Fintech Forum 2023. The Fintech Forum piqued significant interest, attracting more than 200 representatives from the fintech ecosystem.

Nordic Fintech Week: Shaping the Future of Financial Innovation

The Nordic Fintech Week, which took place from 27 to 28 September in Copenhagen, was attended by more than 2000 participants. With a focus on the most transformative trends in fintech and financial innovation, this event brought together world-class speakers and leaders from across the Nordic and European Union.
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