
Introducing the Latvian Fintech Hub around PaysTree!
Some 2 million live in Latvia, making it one of the smallest EU countries. However, Latvians are prominently represented in the European FinTech scene. We have reported several times about the Latvian Racket, which has operated dozens of broker scams. Latvians also have a notable presence in the UK FinTech scene, such as the PaysTree ecosphere, consisting of two FCA-regulated e-money institutions, several regulated agents, and connections to Russia. Here's a brief introduction.