We are glad to announce that, on 18 June, the Supervision Committee of Latvijas Banka issued an EMI operating licence to Pace FS. We at Sorainen would like to congratulate Pace FS and their team on this milestone achievement.

About Pace FS

Pace FS is a fintech company dedicated to providing payment services for online marketplaces. Driven by its experienced team, Pace FS aims to create synergy between payment services and e-commerce marketplaces by delivering payment solutions tailored for the needs of online shoppers and retailers.

Our involvement and team

Our team at Sorainen has worked diligently to guide Pace FS through the process of obtaining a license as an Electronic Money Institution (EMI) in Latvia. This milestone achievement would not be possible without a strong team. We want to congratulate our legal team members led by our former counsel Māris Liguts; counsel Andis Burkevics; senior associates Ieva Prūse, Santa Prauliņa, and Līva Aleksejeva; associate Alise Igale; and assistant lawyers Gabriela Mora Petroviča, Herta Cēsniece, and Natālija Ķīse.