FinTech · Riga, India

Best FinTech Companies in Riga, Latvia

Updated 2026-06-22 · Ranked by funding & momentum

85 indexable FinTech companies headquartered in Riga, Latvia, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $60.2M across 7 funded companies.

85
Companies
$60.2M
Total Funding
7
Funded
0
Unicorns
0
Rounds (90d)

Ranked: Best FinTech companies in Riga

#CompanyFundingValuationStage Latest roundEmployeesFoundedMomentum
1 Mintos
P2P marketplace for consumer and business loans
$28M Series B Conventional Debt Sep 2024 196 2014 ↑ Active
2 Eleving
Online platform for car and motorcycle financing
$26.3M Public Conventional Debt Jan 2024 2,600 2012
3 inGain
Provider of a flexible and feature-rich content management platform for individuals and organizations
$691.8K Seed Apr 2024 16 2011
4 Nordigen
API for categorizing and analyzing transaction data
$3.4M Acquired Series A Jun 2021 73 2015
5 LANDE
Provider of crowdfunding solutions for agribusinesses
$546K Seed Seed Sep 2022 4 2016
6 Mobilly
Payment app for transportation services
$1.2M Seed Oct 2016 28 2005
7 Toneboard
Provider of credit risk assessment solutions using speech analytics.
$120K Seed Seed 2017 2015
8 Flexidea
Developer of an online platform for invoice factoring
Seed Sep 2022 4 2017
9 Abill
Online invoicing management software for freelancers
Seed Seed Aug 2022 3 2020
10 Altero
Online platform for loan comparison
Seed Seed Oct 2019 2016
11 4Finance
Online unsecured personal loans' direct lender
Funding Raised Conventional Debt Apr 2017 501 2008
12 a-heads consulting
A-Heads Consulting provides IT consulting, custom software development, and integration services to clients.
Acquired 10 2012
13 BankLaunch
Cloud-based core banking platform for banks & financial institutions
Acqui-Hired 1 2020
14 Begateway
Payment gateway solution provider
Unfunded 2013
15 BlueOrange FX
Online trading platform for multi-assets
Unfunded 2017
16 Boldyield
Online lending marketplace for business loans
Unfunded 2019
17 Bulkestate
Real estate crowdfunding platform
Unfunded 2015
18 Buratino
Mining hardware provider
Deadpooled 2016
19 Capitalia
Online P2P platform for working capital financing
Unfunded 2007
20 Capitax
Cloud-based AML, KYC, risk assessment, and transaction monitoring solution
Unfunded 1 2020
21 Cleva
Developer of an internet international first banking platform
Unfunded 2021
22 Cloud Credit
Online lending management system
Unfunded 2006
23 COINSXPERT
Platform offering research and monitoring services for DeFi, NFT, and blockchain
Deadpooled 2021
24 Confero Technologies
Core banking and open banking software for banks
Unfunded 2018
25 Crassula
White label banking solutions provider
Unfunded 71 2015
26 Debitum
Mortgage-backed securities investment platform for individuals
Unfunded 16 2017
27 DexHunter
Cardano trading platform that offers a user interface for market alerts & trading
Funding Raised 2021
28 Dixipay
Electronic payment service provider.
Unfunded 33 2008
29 DoFinance
Investment platform for crowdlending
Deadpooled 2016
30 DoRac
NFT-based trading platform for games
Unfunded 2021
31 Dream Billings
Bill payment solution platform
Deadpooled 1990
32 eComCharge
White label payment gateway
Funding Raised 3 2013
33 EDEX
Digital platform providing solution for financial market
Unfunded 4 2023
34 Euroaudit
Accounting and auditing firm providing a range of services to businesses
Unfunded 21 2004
35 Excellent Latvia
Business and accounting management software
Unfunded 7 2020
36 Feniks.Finance
Blockchain-based financial ecosystem
Deadpooled 2018
37 Finamba
Provider of financial services
Funding Raised 2021
38 Finchecker
Compliance management platform for businesses
Unfunded 4 2019
39 Fineleafe
Provider of professional services firm for businesses
Unfunded 2 2018
40 FinRiser
API-based online platform providing white-label lending and investment software for institutions
Unfunded 2021
41 Finto Capital
Digital lending platform offering auto loans
Unfunded 5 2018
42 Firp
Public and Private Budgeting App
Unfunded 2015
43 Flipful
On-demand payroll solution
Deadpooled 2019
44 Forex Team
Bot-enabled automated trading platform focused on forex market
Unfunded 2014
45 FromMe
Online marketplace for gift cards
Unfunded 2016
46 Globitex
Trading platform for money markets and commodities with Bitcoin
Deadpooled 2015
47 Graphdo
Visual analytics platform for businesses
Unfunded 2017
48 Grupeer
Investment platform for investing in P2P loans
Unfunded 2016
49 Gudriem
Online platform for comparing loans
Unfunded 4 2009
50 Hipocredit
Online lending platform offering mortgage loans
Unfunded 5 2014

Top 12 FinTech companies in Riga

#1
Mintos Series B
$28M Raised
expand_more
location_onRiga, Riga
Founded
2014
Employees
196
Funding raised
$28M
Stage
Series B

P2P marketplace for consumer and business loans. It enables borrowers to access loans from institutional or individual investors. Borrowers are assigned to the lenders on the basis of credit scores and loan terms. It also provides Mintos Risk Score for calculating credit scores. The application is available on iOS and Android platforms.

Tech stack
amazon s3amazon web servicesbrazecloudflarecloudflare bot managementcore-js+14
#2
Eleving Public
$26.3M Raised
expand_more
location_onRiga, Riga
Founded
2012
Employees
2,600
Funding raised
$26.3M
Stage
Public

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.

Tech stack
animate.cssazurecookiebotcore-jsfacebook pixelgoogle analytics+14
#3
inGain Seed
$691.8K Raised
expand_more
location_onRiga, Riga
Founded
2011
Employees
16
Funding raised
$691.8K
Stage
Seed

Developer of a customizable no-code lending platform designed to automate the lending process for lenders, fintech, and banks. The company offers a lending platform that automates the full lending lifecycle, lightweight product, and market testing, a no-code interface for real-time business intelligence data, limitless system customization, and no business continuity risks or vendor lock-in, enabling financial servic

#4
Nordigen Acquired
$3.4M Raised
expand_more
location_onRiga, Riga
Founded
2015
Employees
73
Funding raised
$3.4M
Stage
Acquired

API for categorizing and analyzing transaction data. The sanitized transaction data can be used by banks for credit assessment and personal finance management solutions. It provides an API where banks and other financial institutions can upload transaction databases, data is cleansed from unnecessary noise and relevant text is identified. Machine-learning algorithms match transactions with corresponding categories. E

Funding rounds (2 disclosed of 3)
Round Date Amount
Series A Jun 2021 $2.6M
Seed Sep 2018 $800K
Seed Sep 2017 Undisclosed
Tech stack
google cloudhstsgoogle cloud cdncloudflare
#5
LANDE Seed
$546K Raised
expand_more
location_onRiga, Riga
Founded
2016
Employees
4
Funding raised
$546K
Stage
Seed

Provider of crowdfunding solutions for agribusinesses. It offers a platform where farmers get funding from various individuals and helps them in expanding their businesses. It enables individuals to invest in various agricultural projects and create a diversified investment portfolio.

Funding rounds (1 disclosed of 1)
Round Date Amount
Seed Sep 2022 $546K
Tech stack
animate.cssaxioscloudflarecloudflare browser insightscookie scriptcore-js+14
#6
Mobilly Seed
$1.2M Raised
expand_more
location_onRiga, Riga
Founded
2005
Employees
28
Funding raised
$1.2M
Stage
Seed

Developer of a mobile payment billing system designed to make payments faster, easier, and handier. The company's system facilitates online payments for bus tickets, train tickets, parking tickets, postal services, and other services, enabling users to make and receive payments with their mobiles with one click.

Founders & key people
Tech stack
cloudflarecookie scriptcore-jsfacebook pixelgoogle analyticsgoogle tag manager+14
#7
Toneboard Seed
$120K Raised
expand_more
location_onRiga, Riga
Founded
2015
Funding raised
$120K
Stage
Seed

Toneboard is a company that helps lenders with credit assessment of the loan applicants based on speech analytics (phone call analysis). The company claims to draw insights into the credit worthiness of the applicant from his interactions.

Funding rounds (1 disclosed of 2)
Round Date Amount
Seed 2017 $120K
Seed Apr 2016 Undisclosed
Tech stack
wordpressmysqlphpyoutubepriority hintsrss
#8
Flexidea Seed
4 Employees
expand_more
location_onRiga, Riga
Founded
2017
Employees
4
Stage
Seed

Developer of an online platform for invoice factoring

Investors
#9
Abill Seed
3 Employees
expand_more
location_onRiga, Riga
Founded
2020
Employees
3
Stage
Seed

Online invoicing management software for freelancers. It features solutions for invoice generation, accounting, financial reporting, tax payment, and more. It offers solutions for the self-employed including translators, programmers, designers, consultants, and more. It also offers financial consulting and licensed services.

Founders & key people
Tech stack
activecampaignbootstrapcloudflarecloudflare browser insightscookieyescore-js+14
#10
Altero Seed
expand_more
location_onRiga, Riga
Founded
2016
Stage
Seed

Altero.lv is an online loan comparison platform for the consumer as well as business loans. It provides its users with loan up to €25000 for a term of up to 84 months. It provides consumer credit, car loans and leasing, online credit, business financing, etc.

Funding rounds
Round Date Amount
Seed Oct 2019 Undisclosed
Tech stack
bootstrapcloudflarecloudflare browser insightscookie scriptgoogle analyticsgoogle font api+10
#11
4Finance Funding Raised
501 Employees
expand_more
location_onRiga, Riga
Founded
2008
Employees
501
Stage
Funding Raised

4Finance is an online and mobile lending company offering single payment, lines of credit and installment loans. The single payment loan is available up to EUR 2,000 for a period of 30 days. Installment loans are offered up to EUR 3,500 for a duration up to 2 years. A credit line with flexible monthly repayments is available for up to EUR 2,100. 4Finance claims to be Europe's largest online consumer finance provider

Tech stack
apple icloud mailcloudflarecookie informationcore-jsdocusigndropbox+13
#12
10 Employees
expand_more
location_onRiga, Riga
Founded
2012
Employees
10
Stage
Acquired

Developer of software intended for financial and payment systems. The company offers custom software development, cloud-native architecture, PCI compliance consulting, DevOps practices, processes digitalization and team augmentation services thereby enabling companies to apply modern technologies such as cloud & microservices for solving business problems.

Tech stack
nginx

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Funding & investor landscape

Total raised
$60.2M
across these companies
Companies funded
7
with disclosed funding
Highest-funded
$28M raised

Most active investors

Callidus Capital Callidus Capital 2 investments in FinTech Overkill Ventures Overkill Ventures 2 investments in FinTech Startup Wise Guys Startup Wise Guys 2 investments in FinTech ACP Credit ACP Credit 1 investment in FinTech African Growth Partners African Growth Partners 1 investment in FinTech Amalfi Amalfi 1 investment in FinTech BADideas.fund BADideas.fund 1 investment in FinTech Black Pearls Black Pearls 1 investment in FinTech Calchas Holding Calchas Holding 1 investment in FinTech Change Ventures Change Ventures 1 investment in FinTech Crowdcube Crowdcube 1 investment in FinTech Fiedler Capital Fiedler Capital 1 investment in FinTech

Notable founders in Riga FinTech

MV Martins Valters Co-Founder & COO Mintos · $28M raised
MS Modestas Sudnius CEO Eleving · $26.3M raised
VM Vladislav Mejertals Regional Co-CEO Eleving · $26.3M raised
Juris Cirkovs Juris Cirkovs Co-Founder inGain · $691.8K raised
Armands Liseks Armands Liseks Co-Founder & CEO inGain · $691.8K raised
KV Kristaps Veinbergs Co-Founder inGain · $691.8K raised
Rolands Mesters Rolands Mesters Co-founder | CEO Nordigen · $3.4M raised
NG Nikita Goncars Co-Founder & CEO LANDE · $546K raised
Girts Slavins Girts Slavins CEO Mobilly · $1.2M raised
Martins Vaivars Martins Vaivars Co-Founder & CEO Toneboard · $120K raised
VM Vladimirs Murevics Co-Founder Toneboard · $120K raised

Frequently asked questions

How many FinTech companies are there in Riga, Latvia?
Radar tracks 85 indexable FinTech companies headquartered in Riga, Latvia that meet our profile-completeness bar.
What is the total funding raised by FinTech companies in Riga, Latvia?
The FinTech companies in Riga, Latvia on this list have raised a combined $60.2M in disclosed equity funding across 7 funded companies.
Which is the highest-funded FinTech company in Riga, Latvia?
Mintos is the highest-funded FinTech company in Riga, Latvia, with $28M in disclosed equity funding.
How many FinTech companies in Riga, Latvia are funded?
7 of the 85 FinTech companies in Riga, Latvia on this list have disclosed at least one equity funding round.
How many FinTech unicorns are there in Riga, Latvia?
None of the FinTech companies in Riga, Latvia on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Riga, Latvia FinTech companies?
The most active investors in Riga, Latvia FinTech companies on this list include Callidus Capital, Overkill Ventures, Startup Wise Guys, ACP Credit, African Growth Partners.

Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-22.

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