On September 30, Riga will host the fourth Latvia Fintech Forum that will bring together fintech policy makers and fintech ecosystem stakeholders from the Baltic states and other European countries for a discussion on the development of the fintech sector and its contribution to the European economic growth, LETA learned from the Bank of Latvia.
“Fintech is no longer just reshaping the way we think about finance – it is redefining economies, creating opportunities, and setting new global standards. Latvia has proven that with ambition, talent, and collaboration, we can stand among Europe’s most dynamic hubs. The Latvia Fintech Forum provides a place where ideas turn into success stories,” said Bank of Latvia Governor Martins Kazaks.
The Fintech Forum is organized by the Bank of Latvia in cooperation with the Investment and Development Agency of Latvia (LIAA) and the Investment and Tourism Agency of Riga (RITA).
This year, the first part of the Forum will focus on the strategic development of the fintech sector. The Forum aims to explore the 2025-2027 development strategy of the Latvian financial technology sector and, together with several members of the European supervisory bodies, to discuss which factors are essential for the rapid development of the fintech sector and how fintech strategies of individual European countries can contribute to the overall competitiveness of Europe.
“The fintech sector is of strategic importance in Latvia: we aim to become one of the three leading centers in the Baltic states and the Northern Europe. We plan to achieve this goal by increasing the number of companies by 10 percent, the amount of attracted financing by 15 percent, and the number of new jobs by 18 percent,” underlined Ieva Jagere, the Director of LIAA.
“Riga is becoming an ever more attractive place for fintech companies: it is a place where a dynamic environment, a strong pool of talents, and international cooperation partners meet,” said Fredis Bikovs, the Director of RITA.
During the 2025 Fintech Forum, a competition for fintech start-ups organized by accelerator Tenity, an international participant of the innovation ecosystem, will also take place.
Source: BNS
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