Latvian fintech startup FIS.solutions has secured a €250,000 investment from Expansion Capital to enhance its no-code loan management system and expand its team, aiming to revolutionize the lending process.

Target Information

FIS.solutions is a Latvian fintech startup that is redefining what it means to be a financial technology company. With a vision to create a complete no-code loan management system (LMS), FIS.solutions has recently secured an investment of €250,000 from Expansion Capital. This funding will play a critical role in the company’s strategy to enhance its LMS, making it accessible to lending firms and startups lacking in-house IT capabilities.

The LMS developed by FIS.solutions will empower companies to automate their entire lending process while allowing customization for specific products or services. The investment will also facilitate a significant expansion of the FIS.solutions team, ensuring that their clients can quickly launch new financial products without the lengthy delays often associated with traditional IT development.

Industry Overview

The fintech industry in Latvia has experienced significant transformation over recent years, driven by the increasing adoption of software-as-a-service (SaaS) solutions. Traditionally, the prevailing notion was that organizations had

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Expansion Capital

invested in

FIS.solutions

in 2023

in a Growth Equity & Expansion Capital deal

Disclosed details

Transaction Size: $0M

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