Radar Companies Financial Services · Riga
Radar · Financial Services in Riga

Best Financial Services Companies in Riga, Latvia

The 49 best Financial Services companies in Riga, Latvia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Eleving.

49companies tracked
$44.6Mdisclosed funding
0unicorns
3have raised

Ranked: Best Financial Services companies in Riga

#CompanyDisclosed fundingRevenueEmployeesFoundedTech stackWeb popularityRecent signals
1DelfinGroup
Provider of consumer loans
$55M
FY2024
3242009Apple iCloud MailMicrosoft 365PHP+18Top 10M
2Lendiscore
Provider of credit scoring services
$19M
FY2021
152020
3Eleving
Online platform for car and motorcycle financing
$26M$9M
FY2024
2,6002012WordPressMySQLPHP+17Top 10M1 job opening
4Gelvorasergel
GelvoraSergel is a credit management firm that specializes in offering debt collection and judicial and…
$8M
FY2023
93WordPressMySQLPHP+16Top 1M
5CBL Asset Management
Provider of asset management services and hedge fund focused on multiple strategies
$7M
FY2016
542002RubyRuby on RailsNginx+5Top 10M
6Banka Citadele
Commercial bank
$5M
FY2024
42010October CMSApple iCloud MailPHP+10Top 50k
7AvaFin
Provider of personal loan services
$5M
FY2022
392012WordPress Block EditorWordPressMySQL+15Top 5M
8UlysseRe
Provider of reinsurance brokerage services
$3M
FY2022
181995
9CBB
Provider of business consulting services including accounting, finance, and tax solutions
$1M
FY2023
24
10Paus Konsults
Provider of professional debt collection solutions and services
$1M
FY2023
352022DudaTwitch PlayerNginx+14Top 10M
11Vincit Union
Provider of accounting services for businesses
$1M
FY2024
15
15 → 24 (+60%)
2018WordPressMySQLPHP+31Top 50M
12Kamelota
Provider of finance, accounting, and tax consulting services
$937K
FY2022
172001
13AI Konsultasijus birojs
Provider of accounting and tax consultancy services with a focus on compliance and financial audits
$579K
FY2024
82013WordPressMySQLPHP+23Top 50M
14TechnoBridge
Provider of online payment processing services
$524K
FY2023
4
15Ciparvedis
Accounting services company providing bookkeeping, financial management, and business consulting solutions to…
$520K
FY2023
292007
16Industra Bank
Commercial bank
$8M$517K
FY2023
101994PHPSlickjQuery+4Top 50M1 partnership · 1 expansion
17Smart Advisory
Provider of advisory services in financial planning and investment strategies
$424K
FY2023
72022
18SIA "BKB Birojs"
Provider of accounting services with a focus on financial planning and outsourcing solutions
$405K
FY2023
62004MODXPHPNginx+12Top 50M
19Aksioma24
Provider of agricultural loans for farmers
$346K
FY2022
4
20Auditorfirma PADOMS
Auditing firm providing independent audit, tax, and accounting services to various clients
$336K
FY2023
82024

Top 5 Financial Services companies in Riga

#1
Public · Riga, Riga · founded 2012 · 2600 employees
$26.3Mraised

Online platform for car and motorcycle financing. It offers motorcycle taxi loans, car title loans, rent-to-buy auto loans, and more. It also provides an auto leasing solution that enables users to purchase cars and pay in monthly installments.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 13k LinkedIn followers — 51.5% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public)
Founders & team
Modestas SudniusCEOVladislav MejertalsRegional Co-CEO
Investors
Mezzanine Management, ACP Credit
Tech stack
Animate.CssAzureCookiebotCore-JsFacebook PixelGoogle Analytics
#2
Series A · Riga, Riga · founded 1994 · 10 employees
$8Mraised

Operator of a credit institution intended to provide loans to small and medium enterprises. The company's platform provides entrepreneurs and individuals with favorable funding terms for purchasing the bank's real estate and also provides a POS terminal to allow customers to accept card payments regardless of location, enabling corporations to get access to financial services in a simplified way.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 9.1% of this cohort's audience
Activity: 1 partnerships · 1 expansions (incl. Industra Bank) announced in 12 mo
Tech stack
CloudflareGoogle AnalyticsGoogle Tag ManagerHstsJqueryPhp
#3
Acquired · Riga, Riga · founded 1992 · 501 employees
$10.4Mraised

P&C insurance carrier

Founders & team
Iain KennedyCEO
Investors
IFU, NCH Capital
Tech stack
CloudflareCookiebotCore-JsDrupalGoogle AnalyticsGoogle Tag Manager
#4
Funding Raised · Riga, Riga · founded 2009 · 324 employees
raised

Provider of consumer loans

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 9.7% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: Papildus bonus
Activity: 1 product launches · 1 partnerships (incl. StartSchool) announced in 12 mo
Tech stack
Apexcharts.JsApple Icloud MailAxiosBootstrapCloudflareCloudflare Bot Management
#5
Funding Raised · Riga, Riga · founded 2010 · 4 employees
raised

Commercial bank

Founders & team
Guntis BelavskisChairman & CEO
Investors
EBRD
Tech stack
Amazon AlbAmazon CloudfrontAmazon S3Amazon Web ServicesApache Http ServerApple Icloud Mail

Funding & investor landscape

$44.6Mtotal disclosed funding
3companies funded
0disclosed rounds
0rounds last 90 days
Most active investors
ACP Credit1 rounds
EBRD1 rounds
IFU1 rounds
Mezzanine Management1 rounds
NCH Capital1 rounds

Notable founders

Modestas Sudnius
CEO · Eleving
Vladislav Mejertals
Regional Co-CEO · Eleving
Iain Kennedy
CEO · Balta
Guntis Belavskis
Chairman & CEO · Banka Citadele
Prism market signals · Latvia · country-scoped Prism corpus, 463,371 docs

Market landscape — 10 sub-themes by coverage

Share of Financial Services coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Financial Services companies are there in Riga, Latvia?
Radar tracks 49 indexable Financial Services companies headquartered in Riga, Latvia that meet our profile-completeness bar.
What is the total funding raised by Financial Services companies in Riga, Latvia?
The Financial Services companies in Riga, Latvia on this list have raised a combined $44.6M in disclosed equity funding across 3 funded companies.
Which is the highest-funded Financial Services company in Riga, Latvia?
Eleving is the highest-funded Financial Services company in Riga, Latvia, with $26.3M in disclosed equity funding.
How many Financial Services companies in Riga, Latvia are funded?
3 of the 49 Financial Services companies in Riga, Latvia on this list have disclosed at least one equity funding round.
How many Financial Services unicorns are there in Riga, Latvia?
None of the Financial Services companies in Riga, Latvia on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Riga, Latvia Financial Services companies?
The most active investors in Riga, Latvia Financial Services companies on this list include ACP Credit, EBRD, IFU, Mezzanine Management, NCH Capital.
Riya SenguptaFinancials

Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

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