LV

Market

Lydia Solutions

Registration number
534479589
Legal address
14 Avenue de l’Opera 75001 Paris
Country of origin
France
Supervisory authority

Market segments

Market segment
Payment service providers
Phone
33609606733
E-mail
Other market segments

Licenses / Types of activities

Electronic money institutions
Freedom to provide services
Payment initiation service
Date: 10.05.2023
Account information service
Date: 10.05.2023
Payment service providers
Service providers from the EEA
Services enabling cash withdrawals from a payment account as well as all the operations required for operating a payment account
Date: 10.05.2023
Execution of payment transactions, including transfers of funds on a payment account with the user`s payment provider or with another payment service provider
Date: 10.05.2023
execution of direct debits, including one-off direct debits
execution of payment transactions through a payment card or a similar device
execution of credit transfers, including standing orders
Execution of payment transactions where the funds are covered by a credit line for a payment service user
Date: 10.05.2023
execution of direct debits, including one-off direct debits
execution of payment transactions through a payment card or a similar device
execution of credit transfers, including standing orders
including granting of credit in accordance with Article 18(4) of Directive (EU) 2015/2366
Issuing of payment instruments
Date: 10.05.2023
Acquiring of payment instruments
Date: 10.05.2023
including granting of credit in accordance with Article 18(4) of Directive (EU) 2015/2366
Issuing electronic money
Date: 10.05.2023
Distribution and/or Redemption of electronic money
Date: 10.05.2023

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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