News

Latvia’s startup ecosystem came together recently as the Latvia Startup Industry Annual Awards were presented, celebrating the standout achievements and contributions that have shaped the country’s innovation landscape over the past year. The event highlighted the dynamism, resilience and creativity of Latvian founders, investors and ecosystem builders. Across multiple categories, startups and ecosystem contributors were recognised for excellence in areas such as rapid growth

Today marks a significant milestone for the Latvian fintech ecosystem as the Cabinet of Ministers has officially approved the Latvia Fintech Strategy, a comprehensive roadmap designed to strengthen the country’s position as a competitive hub for financial technology innovation. This achievement reflects strong collaboration between the public sector and industry stakeholders, coming together with a shared commitment to working toward sustainable growth, global competitiveness

Mobilly, one of Latvia’s most widely used mobile payment platforms, has secured a €4 million development financing package from Signet Bank, strengthening its position in the Baltic digital payments landscape. The funding will support Mobilly’s continued growth and innovation as it expands its range of secure, user‑friendly cashless payment services. Mobilly’s platform already plays a significant role in everyday life for hundreds of thousands of users, enabling payments for