Tagged: latvia

February 11, 2026 @ 7:53 am By Omar Faridi  |  

Mintos, the Latvian investment platform specializing in peer-to-peer lending and diversified assets, is making significant strides in the fintech landscape. As of early 2026, the company is pursuing expansions that could reshape its role in personal finance. These developments include initiating steps toward full banking… Read More

December 16, 2025 @ 1:12 am By Omar Faridi  |  

The Fintech Pulse report has provided a data-driven look at Latvia’s financial technology sector. The research report offers insights from Riga Technical University’s Riga Business School Fintech Observatory, covering sector — wide turnover, taxes, profit, as well as overall employment trends. According to the research… Read More

August 11, 2025 @ 8:53 am By Omar Faridi  |  

Debitum Investments, a peer-to-business (P2B) lending platform based in Latvia, has solidified its position as a key player in Europe’s alternative finance sector, achieving significant milestones. The platform recently marked €40 million in outstanding invested capital. Additionally, Debitum has strengthened its leadership by appointing Chief… Read More

August 11, 2025 @ 8:52 am By Omar Faridi  |  

The real estate markets in the Baltic region are displaying divergent trends in 2025, with Lithuania and Latvia experiencing growth while Estonia adopts a more cautious, long-term strategy. According to a recent market overview from Estateguru, a European crowdfunding platform specializing in property-backed loans, these… Read More

July 18, 2025 @ 1:07 am By Omar Faridi  |  

Debitum Investments, a Latvia-based peer-to-business (P2B) lending platform, has commented on its goal of becoming a key player in Europe’s alternative finance sector. Debitum Investments has earned an A-level taxpayer rating from the Latvian State Revenue Service (VID) in 2024, a testament to its commitment… Read More

July 17, 2025 @ 10:43 am By Omar Faridi  |  

In the evolving ecosystem of online investing, Bondora Group continues to make significant strides, as highlighted by their June 2025 performance statistics and their transparent approach to managing loan recoveries. In June 2025, Bondora Group reported loan originations of €28,747,468, representing a 17.0% increase from May’s figures…. Read More

June 2, 2025 @ 1:11 am By Omar Faridi  |  

The Latvian real estate market is experiencing a resurgence, driven by falling interest rates, a dynamic new-build sector, and competitive pricing, according to insights from Estateguru, a European investment and financing platform for relatively small loans. Coupled with the platform’s April 2025 results showcasing a… Read More

December 24, 2024 @ 3:40 am By Omar Faridi  |  

Six of Latvia’s investment platforms—Lande, Indemo, ViaInvest, Nectaro, Debitum Investments, and TWINO—have joined forces to form an alliance dedicated to advancing transparency, trust, and innovation in the fintech industry. Together, they are focused on setting a new standard for investor confidence and collaboration in Europe’s… Read More

November 20, 2024 @ 10:39 am By JD Alois  |  

Online investment platform Mintos says it has added short-term rental apartments to its real estate offerings. Martins Sulte, CEO and co-founder of Mintos, said they are opening the doors to a sector once out of reach for ordinary investors. “Through our real estate offerings, retail… Read More

October 21, 2024 @ 9:24 am By JD Alois  |  

Magnetiq Bank has joined Fintech Hub LT – an association with a mission to support licensed Fintechs in Latvia and EEA countries. Fintech Hub LT also represents Latvia as a Fintech centre of innovation. AS Magnetiq Bank, based in Latvia, aims to support Fintechs, e-commerce,… Read More

October 15, 2024 @ 8:23 am By Omar Faridi  |  

Bondora Group has shared their latest platform stats for the month of September 2024. Since 9 September, 2024, Bondora notes in a blog post that you can earn as much as 6.75% p.a. on your entire Go & Grow portfolio, along with any extra amount… Read More

August 29, 2024 @ 11:55 am By JD Alois  |  

Describing 2023 as a “transformative year for Mintos,” the online investment platform says it is expanding its products for its customers. According to a note from the firm, the multi-asset investment platform, is now offering fractional bonds and ETFs alongside its first business of enabling… Read More

August 25, 2024 @ 7:39 pm By Omar Faridi  |  

Estateguru has shared the Loan portfolio overview for the month of July 2024. As of July 2024, Estateguru‘s loan portfolio has “demonstrated consistent performance, with approximately €8 million in repayments each month.” The 12-month portfolio remains robust, “delivering steady interest payments to our investors.” Of… Read More

August 6, 2024 @ 7:46 am By JD Alois  |  

Online investment platform Mintos has closed its funding round on Crowdcube at €3.1 million. Mintos notes that this is the second-largest crowdfunding round in Europe for 2024. In two weeks, Mintos said it secured the backing of 3,300 investors, including both existing and new investors…. Read More

July 11, 2024 @ 5:42 pm By Omar Faridi  |  

Estateguru has shared their Mid-year 2024 update from their CEO. Estateguru’s CEO, Mihkel Stamm, looks back on the first half of 2024, and provides an extensive “update on the company’s results and plans.” Mihkel Stamm notes that as we look back on the first half… Read More

June 27, 2024 @ 8:47 am By Omar Faridi  |  

Mintos is introducing Mintos Smart Cash to help clients with earning up to 3.75% on their cash. Mintos Smart Cash is described as “a new way for investors to earn attractive returns on cash.” This new offering from Mintos lets investors “earn returns on their… Read More

April 15, 2024 @ 10:26 pm By Omar Faridi  |  

GoCardless reveals that it has set up a purpose-built space in the Central District so thatthe Fintech can cement its’ commitment to the region, while providing a good employee experience to its growing team GoCardless, the bank payment company, has opened its new Riga-based headquarters… Read More

March 26, 2024 @ 12:26 pm By JD Alois  |  

Mintos, a European marketplace for debt capital, is launching a securities offering on Crowdcube. Mintos, based in Latvia, previously pursued an online funding round back in 2020 when it topped a goal of €1 million in around 15 minutes, eventually raising €5.3 million within the… Read More

February 19, 2024 @ 11:11 pm By Omar Faridi  |  

Eleving Group has announced unaudited results for the full year of 2023. The company has provided the following operational and financial information: At the end of 2023, Eleving Group has reportedly “recorded €77.2 million in earnings before interest, taxes, depreciation, and amortization (EBITDA) and €191.1… Read More

February 8, 2024 @ 8:13 am By Omar Faridi  |  

European Regulatory Technology (RegTech) scale-up Salv has broken new ground by becoming the first technology firm in Europe to secure a regulator-awarded license to operate as a ‘Closed Service KYC Utility’ service provider. The license, granted five years after the standards and regulations were established… Read More