Recorded live at Baltic Fintech Days in Riga, this conversation with Jelena Jurane, Head of Commercial at Magnetiq Bank, reveals why the fintech banking niche is far bigger than most people realise.
Jelena breaks down exactly why traditional banks keep failing fintech companies, what it actually takes to get onboarded as a payment institution, and where the hottest licensing markets are right now. She also pulls back the curtain on Magnetiq’s lending as a service model, which is quietly bringing in German consumer loans without the bank setting foot in Germany.
If you want to understand how a bank purpose-built for EMIs, PSPs, and MICA licensed companies actually operates under the hood, this is required watching. Latvia is booming with new license applications and Magnetiq is sitting right at the centre of it.