The Central Bank of Latvia has issued FUNDAUS SIA an authorisation to provide crowdfunding services, enabling it to operate as a crowdfunding service provider in Latvia. FUNDAUS SIA has been entered in the Register of Crowdfunding Service Providers and may facilitate the granting of loans and offer additional crowdfunding-related services, including applying credit scoring to crowdfunding projects and suggesting pricing and or interest rates for crowdfunding offers. The central bank notes that authorisation is required under Regulation (EU) 2020/1503 and that it maintains a national register of authorised crowdfunding service providers, while the European Securities and Markets Authority maintains an EU-wide register. The Central Bank of Latvia indicates that businesses seeking authorisation in Latvia should apply to the central bank, with further details available in its licensing guide and advisory support offered throughout the authorisation process.
Central Bank of Latvia 2026-03-04
Central Bank of Latvia authorises FUNDAUS SIA to provide crowdfunding services
The Central Bank of Latvia has authorised FUNDAUS SIA to provide crowdfunding services, listing it in the Register of Crowdfunding Service Providers. FUNDAUS SIA can facilitate loans and offer services like credit scoring and pricing suggestions. Authorisation is mandated under Regulation (EU) 2020/1503, with the central bank maintaining a national register and the European Securities and Markets Authority overseeing an EU-wide register.