Best FinTech Companies in Riga, Latvia
The 85 best FinTech companies in Riga, Latvia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Mintos.
Our analysis of 1,006 FinTech companies
$195.5b in tracked funding; 96% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best FinTech companies in Riga
| # | Company | Revenue | Disclosed funding | Employees | Founded | Founder | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | 4Finance Online unsecured personal loans' direct lender | $52M FY2024 | — | 501 | 2008 | — | WebflowApple iCloud MailMicrosoft 365+17 | — |
| 2 | Eleving Online platform for car and motorcycle financing | $9M FY2024 | $26M | 2,600 | 2012 | Modestas Sudnius CEO | WordPressMySQLPHP+17 | 1 job opening |
| 3 | Confero Technologies Core banking and open banking software for banks | $3M FY2024 | — | — | 2018 | Sergejs Mazurs Co-CEO | — | — |
| 4 | Mobilly Payment app for transportation services | $2M FY2022 | $1M | 28 28 → 45 (+61%) | 2005 | Girts Slavins CEO | WordPressMySQLRedis+17 | — |
| 5 | LANDE Provider of crowdfunding solutions for agribusinesses | $2M FY2024 | $546K | 4 | 2016 | Nikita Goncars Co-Founder & CEO | TinyMCELeafletAnimate.css+21 | — |
| 6 | Hipocredit Online lending platform offering mortgage loans | $2M FY2022 | — | 5 | 2014 | Gediminas Velicka Co-Founder | PHPAmazon ALBAmazon Web Services+19 | — |
| 7 | Capitalia Online P2P platform for working capital financing | $2M FY2024 | — | — | 2007 | Juris Grisins Founder & Manager | PHPTailwind CSSBootstrap+15 | 1 partnership |
| 8 | Flexidea Developer of an online platform for invoice factoring | $1M FY2022 | — | 4 | 2017 | Marija Sutirina Co-Founder | — | — |
| 9 | Excellent Latvia Business and accounting management software | $1M FY2023 | — | 7 | 2020 | — | WordPressMySQLPHP+19 | — |
| 10 | inGain Provider of a flexible and feature-rich content management platform for individuals and organizations | $1M FY2023 | $692K | 16 16 → 31 (+94%) | 2011 | Juris Cirkovs Co-Founder | — | — |
| 11 | Euroaudit Accounting and auditing firm providing a range of services to businesses | $748K FY2022 | — | 21 | 2004 | Janis Pikmanis Owner | BootstrapApache HTTP ServerjQuery+3 | — |
| 12 | Mintos P2P marketplace for consumer and business loans | $746K FY2023 | $28M | 196 | 2014 | Martins Valters Co-Founder & COO | Node.jsPHPAmazon Web Services+23 | 1 partnership |
| 13 | Finto Capital Digital lending platform offering auto loans | $627K FY2022 | — | 5 | 2018 | — | Node.jsMUIReact+8 | — |
| 14 | Crassula White label banking solutions provider | $513K FY2024 | — | 71 | 2015 | — | Google CloudCloudflarelit-html+15 | 1 job opening · 1 launch · 1 partnership |
| 15 | eComCharge White label payment gateway | $393K FY2018 | — | 3 | 2013 | Nikolajs Kirillovs CEO | Google CloudAmazon Web ServicesCloudflare+13 | — |
| 16 | Capitax Cloud-based AML, KYC, risk assessment, and transaction monitoring solution | $275K FY2024 | — | 1 | 2020 | — | — | — |
Top 11 FinTech companies in Riga
#1
Series B · Riga, Riga · founded 2014 · 196 employees$28Mraised▾
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.
#2
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.
#3
Seed · Riga, Riga · founded 2011 · 16 employees$691.8Kraised▾
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 services companies to launch new products and markets quickly, adapt lending rules.
#4
Acquired · Riga, Riga · founded 2015 · 73 employees$3.4Mraised▾
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. Enrichment Categorized transactions are further enhanced with geolocation and merchant brand data. It is then customized for credit assessment, fraud analytics, and other purposes.
- Jun 2021Series A$2.6M
- Sep 2018Seed$800K
- Sep 2017Seed—
#5
Seed · Riga, Riga · founded 2016 · 4 employees$546Kraised▾
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.
- Sep 2022Seed$546K
#6
Seed · Riga, Riga · founded 2005 · 28 employees$1.2Mraised▾
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.
#7
Seed · Riga, Riga · founded 2015$120Kraised▾
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.
- 2017Seed$120K
- Apr 2016Seed—
#8
Seed · Riga, Riga · founded 2017 · 4 employees—raised▾
Developer of an online platform for invoice factoring
#9
Seed · Riga, Riga · founded 2020 · 3 employees—raised▾
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.
#10
Seed · Riga, Riga · founded 2016—raised▾
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.
- Oct 2019Seed—
#11
Funding Raised · Riga, Riga · founded 2008 · 501 employees—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 with 11.5M loans amounting to EUR 3.5B disbursed as of Jan'17. 4Finance makes its services available in 17 countries of Europe and Americas, and plans to expand to more countries. In Nov'16, 4Finance issued EUR 50M bonds, bringing the total issued amount to EUR 150M.
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of FinTech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Fintech is moving in Latvia
A read on the academic research around Fintech — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 29 Latvia-affiliated papers.
- College of Business Administration12
- University of Latvia3
- Riga Technical University3
- Nature Conservation Agency2
- Maritime Administration of Latvia1
- Transparency (behavior)1
- Feature engineering1
- Benchmark (surveying)1
- Convolutional neural network1
- Artificial neural network1
- Financial services4
- Best practice2
- Revenue2
- Accounting management2
- Financial management2
- Financial services8
- Financial innovation3
- Financial regulation3
- Status quo2
- Latvian2
Where fintech is researched across Latvia
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Common questions
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.