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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). […]
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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 […]
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Paybis, the major crypto-asset exchange, is now EU-regulated and in Latvia
Our client, Paybis Europe, is the new EU-regulated entity of the major Paybis crypto exchange brand, having secured its crypto-asset services and payment services provider licences in Latvia. Paybis is the third entity in Latvia to obtain a licence as per Markets in Crypto-Assets Regulation (MiCA), sending a clear signal that Latvia is indeed becoming the EU crypto hub. Paybis brand has been known in the cryptospace for nearly a decade, and the group companies provide services also […]
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Latvijas Banka has issued a crowdfunding service provider licence to FLOW
We are pleased to announce that on 27 August Latvijas Banka issued a crowdfunding service provider licence to FLOW. Congratulations to the FLOW team on this significant achievement! About FLOW FLOW is a new crowdfunding service provider on the Latvian market. The company is authorized to provide loan facilitation services (also known as loan-based crowdfunding) and […]