Latvia

Latvian Defense Ministry Says Corruption Allegations Are Fake News
Latvian Defense Ministry Says Corruption Allegations Are Fake News
February 21, 2018  |  International

The Latvian Defense Ministry is contending that corruption allegations — which resulted in the suspension of a central bank governor on Tuesday (Feb. 20) —...

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Latvia’s Central Bank Rocked By Bribery, North Korean Sanction Violations
Latvia’s Central Bank Rocked By Bribery, North Korean Sanction Violations
February 20, 2018  |  International

Latvia’s banking system is facing more issues. Not only did one bank have to request emergency support after U.S. officials accused it of helping to...

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Latvian Member Of ECB Snared In Corruption Probe
Latvian Member Of ECB Snared In Corruption Probe
February 19, 2018  |  Europe

Latvia’s top banking official and key European Central Bank member Ilmārs Rimšēvičs is currently facing accusations of bribery and money laundering.  Latvian Prime Minister Māris Kučinskis...

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European Lender Twino First To Sell Russian Loans
European Lender Twino First To Sell Russian Loans
December 05, 2016  |  Alternative Finances

Latvian online marketplace lender Twino announced on Thursday (Dec. 1) that it will soon list Russian subprime loans on the company website. This marks the...

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Latvia’s Mintos FinTech Startup Grows P2P Loans Marketplace
Latvia’s Mintos FinTech Startup Grows P2P Loans Marketplace
February 24, 2016  |  Fintech Investments

Mintos, a Latvian P2P lending startup, which provides a platform for investors to finance nonbank lender loans, has raised $2.2 million in a seed funding round led...

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