Summary

Since October 2025, Latvia Banka has been the sole central bank offering Instant Verification Services at the Eurosystem level. This innovation allows payment service providers, banks, and fintech companies in both Latvia and Europe to utilize it. The agreement was successful, and this year's launch marked a major milestone where they received a licence to operate as a payment institution with the right to provide money remittance services across the Eurosystem.

Title

Fintech Latvia - homeplace for global fintech business

Description

Latvia is a new homeplace for global fintech business. Friendly regulation, sandbox, numerous benefits and access to talents and infrastructure contribute to financial innovations. Easy licensing process in Latvia contributes to the scaling business globa

Keywords

services, more, authorisation, asset, payment, cookies, latvia, requirements, service, licence, process, assets, innovation, sandbox, investment, market, support

NS Lookup

A 212.70.163.163

Dates

Created 2026-03-09

Updated 2026-04-13

Summarized 2026-04-14