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Bridging Innovation and Regulation

ABOUT US

The aim of the Association is to unite the providers of financial services of the fintech sector in order to ensure the representation and implementation of their interests at the national and international level, promoting sustainable development and growth of the Latvian financial sector.

The mission of the Association is to develop reliable, responsible and long-term industry practices that are positively assessed by consumers and market supervision authorities, while respecting the growth opportunities offered by financial technology companies and non-banking service providers.

ABOUT US

The aim of the Association is to unite the providers of financial services of the non-banking sector based on financial technologies in order to ensure the representation and implementation of their interests at the national and international level, promoting sustainable development and growth of the Latvian financial sector.

The mission of the Association is to develop reliable, responsible and long-term industry practices that are positively assessed by consumers and market supervision authorities, while respecting the growth opportunities offered by financial technology companies and non-banking service providers.

AIMS AND TASKS

The goals of the Association are proposed to promote the growth of financial technology and non-banking sector service providers of Latvia both locally and internationally.

Aims:

  • By uniting the financial services merchants operating in the financial sector of Latvia, in order to ensure the representation and implementation of their interests at the national and international level, promoting the sustainable development of the Latvian financial sector.

In order to further its aims, the Association has proposed tasks that include:

  • active participation in the development of strategic and conceptual documents for the development of the sector;
  • cooperation with industry supervisory and other public administration institutions;
  • organisation of events in combatting unfair commercial practices;
  • market research of the sector;
  • representing the interests of the members of the Association in relations with legal entities and individuals;
  • promoting awareness of the Association;
  • providing legal assistance and advice to members of the Association;
  • promoting the financial literacy of the Latvian population about the financial services provided by the members of the Association.

GOVERNANCE

MEMBERS

COOPERATION PARTNERS

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