# Fintech licensing in Latvia

Source page: https://protegra.io/licensing/jurisdictions/latvia/

In Latvia, fintech and crypto licences are issued by the Latvijas Banka (LB). The Atlas covers 8 licence types there, in 6 families: bank, crypto-asset service provider (MiCA), electronic money institution, investment firm, lending and payment institution. Because Latvia is in the EU/EEA, passportable licences issued there can be extended to the other member states by notification. Crypto-asset service providers are authorised under MiCA. Each licence page lists its legal basis, fees and decision period with sources.

## Financial regulators in Latvia

- [LatviaLatvijas Banka (LB)Latvijas Banka is the central bank of the Republic of Latvia and member of the Eurosystem, operating as the single integrated financial supe](https://protegra.io/licensing/regulators/latvijas-banka/)

## Fintech licences available in Latvia

### [Bank / credit institution](https://protegra.io/licensing/licences/bank/)

- [Bank · LatviaCredit institution licence (bank)LB](https://protegra.io/licensing/licences/bank/latvia/)

### [Crypto-asset service provider (MiCA CASP)](https://protegra.io/licensing/licences/casp-mica/)

- [CASP · LatviaCrypto-asset service provider licence under MiCALB](https://protegra.io/licensing/licences/casp-mica/latvia/)

### [Electronic money institution (EMI)](https://protegra.io/licensing/licences/emi/)

- [EMI · LatviaRegistered electronic money institutionLB](https://protegra.io/licensing/licences/emi/latvia-registered/)
- [EMI · LatviaAuthorised electronic money institution licenceLB](https://protegra.io/licensing/licences/emi/latvia/)

### [Investment firm / broker-dealer](https://protegra.io/licensing/licences/investment-firm/)

- [IF · LatviaInvestment firm licenceLB](https://protegra.io/licensing/licences/investment-firm/latvia/)

### [Lending / consumer credit](https://protegra.io/licensing/licences/lending/)

- [Credit · LatviaCrowdfunding service provider authorizationLB](https://protegra.io/licensing/licences/lending/latvia-crowdfunding/)

### [Payment institution (PI)](https://protegra.io/licensing/licences/payment-institution/)

- [PI · LatviaRegistered payment institutionLB](https://protegra.io/licensing/licences/payment-institution/latvia-registered/)
- [PI · LatviaAuthorised payment institution licenceLB](https://protegra.io/licensing/licences/payment-institution/latvia/)

## Path to market

Start by mapping the activities you plan to offer onto the licence types above; the activity pages show which licence permits each one. LB offers pre-application meetings, an innovation hub and a regulatory sandbox; the regulator page explains how to use them. The application goes to LB, together with the capital, governance and AML documentation the licence page lists. Once authorised, an EU/EEA licence can be extended to other member states by passport notification rather than a new licence.

## Getting licensed in Latvia

Protegra handles licensing in Latvia end to end: [CASP licensing in Latvia](https://protegra.io/mica-latvia).

Last verified: · Author: Danil Marmysh · Reviewed by Anastasia Sidorenkova · © Protegra. Data: CC BY 4.0, cite "Protegra Licensing Atlas". Not legal advice.