Company managers will share stories of their journey in the financial innovation world and discuss with experts the directions of FinTech growth and incentives needed for the development of the industry in
The forum is being organised by the Financial and Capital Market Commission (FKTK) and the Investment and Development Agency of Latvia (LIAA).
Santa Purgaile, Chairwoman of the FKTK, and Ņikita Kazakevičs, Director of the LIAA Innovation and Technology Department, will open the forum.
"For an innovative financial sector to form and for FinTech companies to thrive in Latvia, the FKTK has created several support mechanisms: the Innovation Hub, the Regulatory Sandbox and a website dedicated to the topic of FinTech. Additionally, this autumn, the industry representatives will be brought together in the FinTech forum for the first time to discuss the sectoral growth directions, cooperation and support opportunities," said Santa Purgaile ahead of the event.
Ilze Indriksone, Minister of Economics, said: "There are currently 118 active financial start-ups in Latvia; they account for approximately a third of all active start- ups, and their total turnover exceeds 500 million euros. Financial technologies are easily scalable; therefore, the solutions developed in Latvia are in demand across the world. A swift development of start-ups is a way to increase the added value of the Latvian economy."
The forum will include four panel discussions, on: FinTech development trends and growth perspectives; Capital availability for FinTech companies and start-ups; FinTech companies and the regulatory framework; and Innovative technologies and talent attraction.
The forum will also provide a networking opportunity and will take place on the premises of Digital Art House (Riga, Skolas iela 2) and will be available as a livestream.
The program and the registration are available here: fintechforum2022.com.