Latvian fintech startup inGain raises EUR 650,000 in funding to enhance its no-code loan management system aimed at improving customer access to financial products.

Target Information

inGain, a Latvian fintech startup, has successfully raised EUR 650,000 in funding from various venture capital firms, including Trind VC, Fiedler Capital, ASP Asset Management AIFP, and 3ED Ventures. The investment also includes contributions from business angels such as Sergei Anikin, Roberts Bernans, Santa Lemsa, and Gediminas Velicka. This funding marks inGain as the first publicly announced investment in Latvian startups this year, underscoring the momentum of the local startup ecosystem.

inGain specializes in a no-code Software as a Service (SaaS) loan management system designed to enhance the accessibility of financial products for fintech companies across diverse sectors. The platform addresses significant lending challenges faced by traditional banks, particularly in situations where bespoke lending solutions are necessary but not readily available to consumers.

Industry Overview

The fintech sector in Latvia is witnessing rapid growth, fueled by an increasing demand for innovative financial solutions and a vibrant startup environment. Latvian fintech is positioned uniquely within the broader European lands