Latvijas Banka issues an electronic money institution operating licence to SIA xpate

On 4 October, the Supervision Committee of Latvijas Banka decided to issue an electronic money institution operating licence to SIA xpate.

Latvian fintech landscape update: 2023

The fintech sector is transforming global financial services, and Latvia, a rising player in the European fintech scene, is no exception.

Faster, more convenient and efficient: innovations used by Latvian financial market participants

A major share of Latvian financial sector businesses introduce and use innovations that improve customer experience and provide modern and convenient services to them. Furthermore, businesses also already employ artificial intelligence solutions, machine learning and big data processing or technologies with a potential for significantly changing the financial services and the market.

Options for DLT financial instruments – single pilot regime

The use of distributed ledger technology (DLT) and blockchain in financial markets has increased significantly over the last five years, and one of the main applications of DLT in financial markets is crypto-assets, including crypto-assets that qualify as financial instruments.

Join Fintech Factor in October. Apply now!

Imagine a thrilling competition that resembles the excitement and suspense of a popular talent show, like X-Factor, but is designed exclusively for fintech companies.

Continuing to create a FinTech-friendly environment: next steps

To create a FinTech-friendly environment, promote innovative financial services in Latvia and attract new businesses to provide these services, Latvijas Banka and representatives of the financial industry have agreed on a plan of activities and tasks that each of the parties involved has committed to implement.

Debut of Latvian fintech companies in Tel Aviv at the FinTech Junction Conference

I am delighted to share my incredible experience at a recent FinTech Junction conference, where I had the honour of participating and presenting the dynamic Latvian fintech ecosystem.

Money 2020: Unveiling Latvian fintech innovation in Amsterdam

Money 2020, the most attended conference in the financial universe, made its much-awaited summit in Amsterdam this year, and it did not disappoint.
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