The Central Bank of Latvia has issued SIA Catego a licence to operate as a payment institution, authorising it to provide an account information service. The bank noted that Latvia currently has five licensed payment institutions and ten licensed and one registered electronic money institutions. It also highlighted its licensing guides, which set out the licensing process and requirements including required documentation and application review deadlines, and encouraged prospective applicants to use pre-licensing consultations for guidance on the legal framework and an initial assessment of regulatory compliance.
Central Bank of Latvia 2026-04-02
Central Bank of Latvia licenses SIA Catego as a payment institution for account information services
The Central Bank of Latvia has licensed SIA Catego as a payment institution authorised to provide an account information service. The authority noted that Latvia now has five licensed payment institutions and ten licensed and one registered electronic money institutions, and highlighted its licensing guides and pre-licensing consultations as tools to support prospective applicants.