LV

Market

TigSiPay SIA

Registration number
40203344731
Legal address
Jūrkalnes iela 1, Rīga, LV-1046
Country of origin
Latvia
Supervisory authority

Market segments

Market segment
Payment service providers
Other market segments

Licenses / Types of activities

Electronic money institutions
Authorized electronic money institutions
Issuing of electronic money
License / Doc. number: 27-55/2024/3
Date: 29.05.2024
Issuing of payment instrument
License / Doc. number: 27-55/2024/3
Date: 29.05.2024
Execution of payment transactions,inc.transfers of funds on a payment account,execution of direct debits,also one-off direct debits,execution of payment transactions through a payment card,a similar device,execution of credit transfers,also standing order
License / Doc. number: 27-55/2024/3
Date: 29.05.2024
Payment service providers
Acquiring of payment transactions
License / Doc. number: 27-55/2024/3
Date: 29.05.2024
Service enabling cash withdrawals from a payment account, and also all the necessary operations performed by a payment service provider to provide a payment service user the possibility to use a payment account
License / Doc. number: 27-55/2024/3
Date: 29.05.2024

How to become a market participant

In order to become a participant of Latvian financial and capital markets and commence business activities, a credit institution, an insurance company, a reinsurance company, an insurance broker, a credit union, an investment management company, an investment firm, an operator of regulated market, a pension fund, a payment institution, an electronic money institution, as well as an alternative investment fund manager shall obtain operating authorisation (licence).

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