-
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 […]
-
Merito Partners Successfully Raises EUR 11 Million for Gaižēni Acquisition
Sorainen advised Merito Partners, a private investment company operating in Latvia, on the establishment of a secured bond programme of up to EUR 14 million, to be issued in several tranches. Proceeds from the programme will be used to finance the acquisition of Gaižēni, Latvia’s leading livestock farming and agriculture company. The bonds will be […]
-
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 […]
-
Startin and Sorainen launch world-first legal blueprints to cover parental leave for startup founders and fund partners
Latvian Startup Association Startin.LV and law firm Sorainen have released free, open-source model clause templates for parental leave provisions in startup shareholder agreements and VC fund limited partnership agreements. The templates, branded as “The Parental Clause,” were presented at TechChill 2026 by Startin.LV board member Agnese Veckalne-Leščinska and are available on Startin.LV and Sorainen website. […]