Fintech Latvia Association member Eleving Group have launched new financial literacy platform “smart.eleving.com“, which is now available also in Latvia.
The platform is currently available in Latvian and English. On this platform anyone can take a financial self-assessment test to evaluate their existing credit obligations, as well as check financial options within the current personal budget.
According to the authors of the project, even though financial literacy level in Latvia is gradually improving, a large part of society still lacks basic knowledge about effective money management. This is often the cause of excessive spending, disproportionate and unbalanced credit obligations, financial stress, and poverty traps.
We are happy to see that FLA members are getting actively involved in the raising financial literacy level in the region, as well are creating new, modern educational services and products.