-
Fibonatix receives a payment institution licence from Latvijas Banka
We advised Fibonatix on obtaining a payment institution licence from Latvijas Banka. SIA Fibonatix (LV) is a company within the Fibonatix brand, which includes the UK-regulated entity Fibonatix (UK) Limited and entities in Germany and Poland, all founded by Israeli founder Tal Miller. Fibonatix’s business involves providing payment solutions for merchants (e-commerce entities and beyond). […]
-
TWINO Investments Gains Approval Under MiCA to Offer Crypto Asset Services
Our client, TWINO Investments, has successfully obtained an authorisation to provide crypto asset services under the Markets in Crypto-Assets Regulation (MiCA). TWINO was among the first Latvian fintech companies to introduce innovative investment services and is now taking a significant step forward by expanding into regulated crypto-asset services. To enable this expansion, TWINO completed the […]
-
Multitude Bank provides EUR 17.25 million credit line to DelfinGroup
We advised Multitude Bank, a credit institution licensed by the Malta Financial Services Authority and providing a range of banking services to its clients across Europe, on granting a EUR-17.25-million credit line to DelfinGroup, a licensed technology-based financial services company operating under the brand names Banknote and VIZIA. Ramona Miglāne, Sorainen partner, says, “We are proud […]
-
Ignitis Renewables to finance solar farms under development in Latvia with a EUR 77.5 million loan from Swedbank
Swedbank Lithuania and Swedbank Latvia agreed to provide a joint loan of EUR 77.5 million to the international green energy company Ignitis Renewables to finance the development of solar farms in Latvia. About the case The financing will be used to complete the Stelpe and Vārme solar farms currently under development, whose total installed capacity […]