News

Latvia’s fintech industry is entering a new phase of maturity, driven by solid growth metrics, deeper collaboration with regulators, and a more diversified ecosystem. With 126 fintech companies now active across the country, the sector has evolved from a fast-growing niche to a strategic contributor to the national economy. The latest figures show an impressive rise in both profitability and fiscal impact. In 2024, Latvian fintechs generated over €370 million in turnover and

Europe is strengthening its investment in artificial intelligence and related technologies with a newly announced funding package of €307 million under the Horizon Europe programme. This major commitment is designed to support the development of trustworthy AI services, advanced data infrastructure, robotics, quantum technologies, photonics and virtual environments. It complements broader efforts to build digital strategic autonomy and help European innovators compete globall

As digital teams become increasingly global, the challenge of managing remote operations across borders has never been greater. One of our portfolio companies, Lerio, is solving this problem head-on, quietly becoming a go-to platform for modern B2B companies operating across multiple countries and time zones. With no physical headquarters and a fully remote team spanning multiple continents, Lerio is a living example of the infrastructure it sells. The platform enables busine