Magnetiq Bank Email Format
BankingRīga, Latvia51-200 Employees
Magnetiq Bank operates in the banking sector with a focus on fintech-enabled services. The company provides licensed infrastructure that fintech firms can use to develop and bring products to market in partnership with the bank. Its operating model centers on a collaborative framework, where product development proceeds through genuine partnerships rather than isolated processes. By combining compliant core capabilities with cooperative workflows, the bank aims to reduce onboarding hurdles and improve service consistency for its clients. Based in Riga, Latvia, Magnetiq Bank is a mid-sized bank. In May 2026, it took part in Baltic Fintech Days and helped organize a roundtable on Poland-Latvia fintech collaboration with FinTech Poland and the Embassy of the Republic of Poland in Riga.