🔧 Launching a Fintech product? The right Banking-as-a-Service partner makes all the difference. A few months ago, we asked our community what matters most when choosing a BaaS provider. The top response, with 39% of the votes, was clear: speed of integration. 📊 We get it. When you are building and scaling fast, every day counts. While integration takes time, we make sure that time is spent worthy. Once you go LIVE, you are integrated, fully compliant, and backed by a licensed EU bank that ensures you meet every regulatory standard. 🏦 Our BaaS solution gives you everything you need to launch with confidence: ✅ Simple API integration and connection to our banking infrastructure. ✅ SEPA payments, operational and safeguarding accounts, Visa, Mastercard, Apple Pay and Google Pay acquiring. ✅ Secure, regulated and compliant from day one. ✅ Transparent pricing for PSPs, CASPs, and lending platforms. Whether you are a payment institution, EMI, crypto service provider or SME, we are here to help you go from idea to product smoothly. Are you curious about how the integration works or what onboarding looks like? Let's talk. Fill out the form on the website or contact us directly at baas@magnetiqbank.com. More information about the offering and pricing is available here → https://lnkd.in/dX8zjY6C #Fintech #BankingasaService #BaaS #API #Integration #MagnetiqBank #Regulatory #Compliance #PIs #EMIs
Magnetiq Bank
Banking
Riga, Rīga 3,679 followers
Get a better collaboration experience!
About us
At Magnetiq Bank, we're redefining what it means to work with a bank. We know the usual perception involves navigating multiple hurdles - from complex onboarding processes to inconsistent service experiences - but we believe in a different approach. 🤝 💡 Imagine a banking partner that provides licensed infrastructure and fosters true collaboration to help fintech companies thrive. That's what we're creating at Magnetiq Bank - a seamless, supportive environment where great products are developed through great collaboration and genuine partnerships. 🌐 Ready to experience banking differently? Dive deeper into how we're transforming fintech collaborations: www.magnetiqbank.com
- Website
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http://www.magnetiqbank.com
External link for Magnetiq Bank
- Industry
- Banking
- Company size
- 201-500 employees
- Headquarters
- Riga, Rīga
- Type
- Privately Held
- Founded
- 2008
- Specialties
- E-commerce, Trade Finance, Private Banking, Asset Management, Trading, Banking as a Service, and Fintech
Locations
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Primary
Brīvības iela 54
Riga, Rīga LV-1011, LV
Employees at Magnetiq Bank
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Jekaterina Romanova
Head of payment cards Fraud Prevention Department || E-commerce || FinTech || Compliance || Risk management
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Julija Fescenko
Head of MarCom | Branding | Digital | Events | WebDev | B2B | B2C | BaaS | driving innovations in fintech
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Anna Kolako
Lawyer
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Jelena Jurane MBA
E-com I FinTech I BaaS I Investments
Updates
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Congratulations to the 8.b class of Ventspils Valsts 1. ģimnāzija for achieving 5th place in the national final of the European Money Quiz organized by the Latvijas Finanšu nozares asociācija | Finance Latvia Association !📚🧑🏻🎓 For the 8th time, the event took place last month on March 21, the event took place last month on March 21, helping pupils from different schools strengthen their knowledge of finance, mathematics and cybersecurity.💡 This year, the competition reached a new milestone with 111 classes and over 2100 pupils from across Latvia participating. To recognize this achievement, we sent the class a Brain Games gift card as a small token of appreciation. We believe that their strong result is a clear reflection of teamwork and shared effort which deserves celebration. And what is a better way than through play and learning? Thanks to the pupils and their teacher, S. Eglīte, for their dedication and performance. The European Money Quiz is part of a broader Europe-wide initiative coordinated by the European Banking Federation. #FinancialLiteracy #MagnetiqBank #YouthEmpowerment #EuropeanMoneyQuiz #Latvia #FutureFinance #BrainGames
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Building bridges between Poland and Latvia! 🇱🇻🌍🇵🇱 Our CEO and Chairman of the Board, Jakub Więcław, will be attending #DeepTechAtelier2025 by Invest in Latvia in Riga! This year, the event is extra special. It will feature a dedicated program led by a delegation from Poland, focused on strengthening scientific and technological collaboration between Latvia and Poland. As someone who proudly calls both countries home now, Jakub is honored to support this initiative. 🚀 "Innovation knows no borders. Today, I am proud to call both Poland and Latvia my home, and I am committed to building bridges that strengthen scientific and technological cooperation between our countries." Jakub Więcław, CEO and Chairman of the Board at Magnetiq Bank We at Magnetiq Bank believe that real progress happens when people, ideas and countries come together. We are excited to support initiatives that drive innovation across borders. If you are in Riga on May 15, don't miss the side event session under the name of "Poland in Space" from 15:00 to 16:00, showcasing some of the most exciting projects in science and technology today. 📅 Date: May 15, 2025 📍 Riga, Latvia 🔗 More info: https://lnkd.in/g3xjC-v 📋 The full agenda for the “Poland in Space” session is available below. Invest in Latvia Ministry of Education and Science of Latvia Latvian Council of Science Latvijas Investīciju un attīstības aģentūra - LIAA The National Centre for Research and Development NAWA - Polish National Agency for Academic Exchange NCN National Science Centre Polska Agencja Rozwoju Przedsiębiorczości (PARP) ASTROCENT Creotech Instruments S.A. #Latvia #Poland #DeepTechAtelier #Innovation #ScienceAndTechnology #PolandInSpace #MagnetiqBank #InternationalCooperation
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Last week, we had the pleasure of hosting an inspiring event in collaboration with Latvian Business Angels Network and the Fintech Latvia Association While it wasn’t our first ecosystem gathering, this was our first-ever startup pitch battle, and it brought something entirely new to our space, right here at our venue! We welcomed four startups, each tackling real industry challenges: 🟢Deniss Skokovs from Intrepid Fox. ⚙️Solving long onboarding cycles with an AI-driven agent that reduces onboarding from 7 days to 30 minutes, transforming KYC and compliance. 🟢Mihkel Mandre from Lyfery. 💡Innovating life insurance with a science-based scoring model that uses health, nutrition, and social data to offer fairer and smarter premiums. 🟢Helmuts Buls from ZalaPay. 💳Introducing a green and local-first payment solution designed to align consumer payment habits with sustainability values. 🟢Margiris Laučys from CHASEIT.AI. 🤖Reimagining debt collection with a fully automated, AI-powered recovery tool for lenders, enabling intelligent, omnichannel negotiation and early-stage debt management without human involvement. This event wasn’t just about pitches - it was about vision, collaboration, and seeing how tech can radically improve finance, from onboarding and insurance to payments and debt recovery. 👏We’re proud to support the next wave of fintech and insurtech innovators - and we’re already looking forward to the next one! #StartupPitchBattle #FintechLatvia #LATBAN #InnovationInFinance #AIinBanking #MagnetiqBank
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🔐 Looking for a reliable safeguarding account partner? At Magnetiq Bank, we specialise in serving Fintech companies, offering fully compliant, segregated and safeguarding accounts designed for EMIs and PSPs. Whether you want to streamline onboarding, meet regulatory requirements, or secure competitive returns, we’ve got you covered. 📩 Learn more: www.magnetiqbank.com/baas #SafeguardingAccounts #Fintech #EMI #PSP #RegTech #BankingAsAService #MagnetiqBank
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🌟Why join Magnetiq Bank? Because working here is more than just a job - it’s being part of a culture that values growth, innovation, and people. Here’s what makes Magnetiq Bank a great place to work: ✅Supportive onboarding experience – we ensure every new colleague feels welcome, has access to all our amenities, and has a team always ready to help. 🚴♂️Green commutes encouraged – our office is easily accessible by bike, e-scooter, or EV. We love eco-friendly choices and support your sustainable lifestyle. 💼Opportunities to grow – from internal trainings to participation in leading fintech conferences and events, we invest in your professional development. 🏃♀️Work-life balance matters – we encourage a healthy lifestyle through fun initiatives like office step challenges, running clubs, and active team outings. 💡Innovative projects – work with brilliant minds on exciting fintech and e-commerce initiatives that shape the future of banking. We’re proud of the team we’re building - motivated, forward-thinking, and simply a great group of people to work with. Explore open roles and become a part of something meaningful. https://lnkd.in/dSUPCrr7 #MagnetiqBank #WorkCulture #FintechCareers #JoinUs #LifeAtMagnetiq
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We’re seeking an experienced Senior AML Specialist to join our team and grow professionally in a dynamic, fast-paced environment! 🎯 What we are looking for: 🟢2–3 years of AML experience in the financial or fintech sector. 🟢Proven experience in due diligence on Financial Institutions. 🟢Strong knowledge of AML/CFT regulatory frameworks in Latvia and the EU. 🟢Ability to analyse complex information and make sound, well-reasoned decisions. 🟢Fluency in Latvian and English (both written and spoken). We would love to hear from you if you are passionate about fighting financial crime, eager to take on exciting challenges, and ready to make a real impact. 👉 Easy apply https://lnkd.in/dPjyRGft
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🎉On April 19, exactly one year ago, we proudly unveiled the vibrant, bold, and stylish brand identity and our name, Magnetiq Bank, as part of the Signet Bank group. This rebranding symbolised more than just a new look. It highlighted our sharpened focus on the fintech and e-commerce sectors and reinforced our ongoing commitment to innovation. At Magnetiq Bank, we are proudly guided by the motto: "Power in collaboration." Cheers to the journey thus far and the exciting road ahead! #MagnetiqBank #FinTech #BrandAnniversary #PowerInCollaboration #Innovation
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This time, you really can put all your eggs in one basket. 🐣🍬 With one smooth swipe, everything you care about - rest, joy, and time well spent. Whether you are spending the weekend with family, outdoors, or simply switching off, take this time to unwind, recharge, and soak in the first bloom of spring. 🌷 The Magnetiq Bank team wishes you a joyful, peaceful, and stress-free Easter holidays! 💚
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As we previously announced, Magnetiq Bank will be represented at the UN:BLOCK conference by our CEO and chairman of the Board, Jakub Więcław, Board member Edgars Valmers, and key experts from the AML and Compliance teams. We are now excited to share even more good news. The Sales and Client Innovation team - Jelena Jurane MBA (Head) and Diana Zaricka (Deputy Head) - will proudly represent Magnetiq Bank at UNBLOCK 2025. We look forward to engaging discussions, new connections, and contributing to the future of fintech. If you’d like to connect during the event, feel free to reach out! #MagnetiqBank #UNBLOCK2025 #Networking #AML #Compliance #Fintech
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