The Central Bank of Latvia has issued an authorisation to CSP Growth Solutions SIA to operate as a crowdfunding service provider, enabling it to run an online platform that connects investors with businesses seeking funding in line with Regulation (EU) 2020/1503. CSP Growth Solutions SIA has been entered in the national register of authorised crowdfunding service providers with permission to facilitate the granting of loans and to provide ancillary crowdfunding-related services, including individual portfolio management of loans, operation of a bulletin board, use of a credit scoring feature for crowdfunding projects, and proposing the price and/or interest rate of crowdfunding offers. The Central Bank of Latvia maintains the national register on its website, while the European Securities and Markets Authority publishes the EU-wide register of crowdfunding service providers. Businesses seeking authorisation to provide crowdfunding services in Latvia are directed to apply to the Central Bank of Latvia, which also provides a licensing guide and offers free advisory support before and throughout the authorisation process.
Central Bank of Latvia 2025-09-16
Central Bank of Latvia authorises CSP Growth Solutions SIA as a crowdfunding service provider
The Central Bank of Latvia has authorized CSP Growth Solutions SIA to operate as a crowdfunding service provider under Regulation (EU) 2020/1503. The firm is now listed in the national register, allowing it to facilitate loans and offer related services such as portfolio management and credit scoring. The Central Bank maintains the national register, while the European Securities and Markets Authority oversees the EU-wide register.