Magnetiq Bank

Magnetiq Bank Banking infrastructure for🟩🟢fintech, e-com and business⚫
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Magnetiq Bank provides banking infrastructure for 🟩fintech, 🟣e-com and 🟪🟢business

🌍 Money20/20 Europe is officially underway, and we are excited to be in Amsterdam!Our colleagues Olga Kovalova-Kristopa ...
03/06/2026

🌍 Money20/20 Europe is officially underway, and we are excited to be in Amsterdam!

Our colleagues Olga Kovalova-Kristopa and Aleksejs Sametis are already meeting partners, exchanging ideas, and exploring what's next in fintech.

There's a great buzz around the event, plenty of interesting conversations, and lots of opportunities to connect. While our schedules are filling up quickly, we'd still love to meet more people from the ecosystem.

If you're attending and would like to talk about:
🟣 payments,
🟣 embedded finance,
🟣 banking partnerships,
or expansion into new markets, let's find time for a coffee. ☕

Feel free to send us a message or stop us on the conference floor, we are always happy to connect and exchange ideas.

Another milestone achieved! 🚀Congratulations to Trek Technologies SIA on securing its MiCA licence. In the European Unio...
01/06/2026

Another milestone achieved! 🚀

Congratulations to Trek Technologies SIA on securing its MiCA licence. In the European Union, the company operates under the brand Backpack EU.

An additional achievement worth highlighting is that the company has successfully secured both a Crypto-Asset Service Provider (CASP) licence under MiCA and a Payment Institution licence under PSD2. The latter enables the ex*****on of payments for electronic money tokens (EMTs), marking another important step in building a compliant and scalable business.

We are proud to support companies like Trek Technologies SIA with safeguarding solutions as they grow and navigate an evolving regulatory environment. Having worked with a number of MiCA applicants, we understand the journey, the requirements, and the importance of having reliable partners along the way.

A big congratulations to the Trek Technologies SIA team and everyone involved in making this achievement possible. 🎉

BackpackEU

“The sky is the limit” for Latvia’s fintech ecosystem – and yesterday, that felt especially true while discussing its fu...
28/05/2026

“The sky is the limit” for Latvia’s fintech ecosystem – and yesterday, that felt especially true while discussing its future with the Minister of Economics on the rooftop of Magnetiq Bank. 🚀😎

Together with the Fintech Latvia Association and the Ekonomikas ministrija/ Ministry of Economics, we had the pleasure of hosting another edition of "Coffee with the Minister" with Viktors Valainis. It was great to bring together fintech leaders, innovators, investors, and policymakers for such open and forward-looking conversations.

At Magnetiq Bank, we strongly believe that events like these create an invaluable space for exchanging ideas, discussing real industry challenges, and shaping a stronger environment for Latvia’s fintech ecosystem.

We are especially grateful to Minister Viktors Valainis for joining us despite his incredibly busy schedule and for engaging so openly with everyone. It was also inspiring to hear the Member Spotlight pitches from Fintech Latvia Association members and to experience the energy and ambition driving our community forward.

Thank you to everyone for the insightful discussions and positive energy throughout the morning. And of course, a special thank you to the Fintech Latvia Association team – especially Tina Luse and Madara Lazdāne – for continuously creating opportunities that strengthen collaboration across our ecosystem.

🌍 Heading to Money20/20 Europe? Let’s meet in Amsterdam!From June 2–4, Magnetiq Bank representatives Olga Kovalova-Krist...
25/05/2026

🌍 Heading to Money20/20 Europe? Let’s meet in Amsterdam!

From June 2–4, Magnetiq Bank representatives Olga Kovalova-Kristopa and Aleksejs Sametis will be attending Money20/20 Europe – one of Europe’s leading fintech events.

Whether you’d like to discuss payments, banking partnerships, embedded finance, or market expansion opportunities, we’d be happy to connect.

🚀 Let’s grab a coffee and talk fintech. See you in Amsterdam!

🌍 Regional Cooperation & Shared Challenges: Magnetiq Bank × FinTech Poland Roundtable.Last week, Magnetiq Bank, together...
21/05/2026

🌍 Regional Cooperation & Shared Challenges: Magnetiq Bank × FinTech Poland Roundtable.

Last week, Magnetiq Bank, together with FinTech Poland, hosted a roundtable discussion bringing together fintech leaders and industry experts from across the region to explore opportunities for stronger cooperation between , , and the wider market.

It was truly valuable to have open and practical discussions about the real challenges companies face when growing and scaling internationally. 🤝

Some of the key topics discussed included:
🟣 Regulatory expectations and compliance across different markets
🟣 Understanding local market specifics and customer needs
🟣 Managing operational challenges during periods of rapid growth
🟣 Sharing practical experiences and solutions across countries

Events like these once again highlight the importance of collaboration and knowledge-sharing in building a stronger regional fintech ecosystem.

A special thank you to FinTech Poland for the partnership and support in making this event possible – we look forward to many more joint initiatives ahead. 🚀

🏃‍♀️🏃‍♂️🏃‍♂️ Team Magnetiq Bank at the Rimi Riga Marathon!This year’s marathon became the biggest in its history – bring...
18/05/2026

🏃‍♀️🏃‍♂️🏃‍♂️ Team Magnetiq Bank at the Rimi Riga Marathon!

This year’s marathon became the biggest in its history – bringing together 46,000 runners from 116 countries. The atmosphere across the city was absolutely electric, filled with energy, music, cheers, and motivation at every kilometer.

We are incredibly proud of each colleague who participated and gave their best – whether running for a personal record, for fun, or simply for the experience.

A huge thank you to Signet Bank, one of the main supporters of the Rimi Riga Marathon, for making this incredible event possible.

Until the next finish line! 🏅

What an incredible few days at   🚀As one of the Main Partners, Magnetiq Bank was proud to be part of so many important c...
15/05/2026

What an incredible few days at 🚀

As one of the Main Partners, Magnetiq Bank was proud to be part of so many important conversations shaping the future of finance across the Baltics and Europe.

But first – a huge thank you to the organizers for creating such a fantastic event 👏 The organization, the atmosphere, the quality of discussions, and the people in the room made this year truly special. It’s not easy to bring together founders, regulators, banks, investors, and innovators from across the ecosystem and make it feel both insightful and genuinely welcoming, but Baltic Fintech Days did exactly that.

Over the past few days, we had inspiring conversations, shared ideas, explored new partnerships, and saw firsthand how much ambition and talent exists within the Baltic fintech community. The energy was real.

We were also proud to see our leadership team contributing on stage:

⚪ Our CEO, Jakub Więcław, joined the discussion on one of the hottest topics in European fintech right now – the race for MiCA licences, sharing his perspective on market developments and the opportunities MiCA creates for the fintech ecosystem.

⚪ Jelena Jurane shared her insights during the panel “Competing for the Future: Innovation, Markets… and the Right People”, discussing how fintech companies can continue to innovate while building strong teams and maintaining customer trust.

Beyond the panels and presentations, the real value was in the people we met and the conversations we had. Thank you to everyone we connected with during the event and if we didn’t get the chance to meet, let’s continue the conversation.

Magnetiq Bank CEO Jakub Więcław has been named the 2026 FinTech Hero of the Year! 🏆We are incredibly proud to announce t...
14/05/2026

Magnetiq Bank CEO Jakub Więcław has been named the 2026 FinTech Hero of the Year! 🏆

We are incredibly proud to announce that our CEO, Jakub Więcław, has received the FinTech Hero Award from Nordic Fintech Magazine.

At Magnetiq Bank, our mission has always been to simplify complexity and empower the next generation of financial innovators.

The selection committee highlighted Jakub’s role as a driving force in the Baltics and a true bridge-builder within the European fintech landscape. He was recognized for:

🟣 Developing practical solutions alongside the Magnetiq Bank team that help fintechs launch faster and scale with less friction;
🟣 Reducing regulatory and operational barriers that slow down cross-border innovation;
🟣 Creating opportunities for others to succeed, proving that real leadership is about building ecosystems, not just companies.

“Building ecosystems is not only about technology or regulation; it’s about creating opportunities for others to succeed,” said a representative of Nordic Fintech Magazine.

Congratulations, Jakub! We are proud to be part of this journey and excited to continue shaping the future of finance together. 🚀

🌍 A Key Destination for European Fintech.The Baltic Fintech Days officially began yesterday with a strategic media sessi...
13/05/2026

🌍 A Key Destination for European Fintech.

The Baltic Fintech Days officially began yesterday with a strategic media session at Latvijas Banka, highlighting Latvia’s growing importance in the European financial ecosystem.

For Magnetiq Bank, this was an excellent opportunity to represent Latvia and showcase the country’s fintech potential to international media, discussing the infrastructure, regulatory environment, and innovation mindset that enable the Baltic fintech sector to scale globally.

Latvia continues to strengthen its position as a dynamic hub for payments, embedded finance, and banking-as-a-service solutions supported by a fast-evolving fintech ecosystem and strong institutional collaboration.

🤝 Special thanks to Tina Luse and the Fintech Latvia Association, as well as Latvijas Banka and Business Riga, for facilitating these important industry conversations.

Innovation may drive fintech forward – but it’s the people behind it who make transformation possible. 💡We’re proud to a...
11/05/2026

Innovation may drive fintech forward – but it’s the people behind it who make transformation possible. 💡

We’re proud to announce that Jelena Jurane, Head of the Commercial Department at Magnetiq Bank, will be speaking at Baltic Fintech Days!

As the fintech landscape evolves at record speed, Jelena will share her perspective on one of the industry’s biggest challenges: how to scale innovation while building the right teams, culture, and leadership for sustainable growth.

Join the discussion: “Competing for the Future: Innovation, Markets... and the Right People”

📅 May 13
🕚 10:20 –11:00
📍 Pulse Stage by Visa

See you there! 🚀

Address

Brīvības Iela 54
Riga
1011

Opening Hours

Monday 09:00 - 18:00
Tuesday 09:00 - 18:00
Wednesday 09:00 - 18:00
Thursday 09:00 - 18:00
Friday 09:00 - 18:00

Telephone

+37167772999

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