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Licensed EMIsSee verified EMIs

NorthernTech SIA

Latvia
Not yet ratedActiveEMI
View on register

Regulator

Latvian Financial and Capital Market Commission

Licence number

50203650291

Authorised since

28 Apr 2026

EEA passports

0

Profile rates

Data-derived · A is broadest

Three named tiers comparing this institution against the rest of the European register.

Reach
DomesticTier D

No EEA passporting on record.

Scope
SpecialistTier C

Authorised for 4 payment-services activities.

Tenure
NewTier D

Authorised within the last year.

About this institution

Verified active. NorthernTech SIA has a Latvian e-money licence issued by the Latvian Financial and Capital Market Commission. The licence authorises execution of payment transactions on a payment account, issuance of electronic money, safeguarding of customer funds, issuing payment instruments and acquiring payment transactions.

No EEA passporting is on record for this licence, so the service remains limited to the Latvian market.

The licence was granted on 28 April 2026 and the register lists reference number 50203650291. The Latvian Financial and Capital Market Commission records the entity as active as of the last cross-check.

Licence timeline

3 dated events

Dated events for NorthernTech SIA, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.

  1. Cross-checked against the Latvian Financial and Capital Market Commission register

    Automated daily verification of licence status and reference.

  2. First verified and added to this directory

  3. Licence granted by the Latvian Financial and Capital Market Commission

Position in the Latvia register

Latvia EMIs

21

Active

21

Full / small licences

12 / 9

Licence age rank

21/21

NorthernTech SIA is one of 21 e-money institutions on the Latvia register, 21 of which are currently active. Its licence is the 21st oldest of the 21 dated Latvia EMI authorisations, one of 2 granted in 2026.

Is your money safe with NorthernTech SIA?

NorthernTech SIA holds an e-money authorisation from Latvian Financial and Capital Market Commission, which means client money must be safeguarded: held separately from the firm's own funds at a credit institution, or covered by an equivalent insurance policy. E-money is not a bank deposit - it is not covered by a national deposit guarantee scheme, so there is no automatic compensation payout if the firm fails.

If an authorised EMI becomes insolvent, safeguarded funds sit outside the insolvency estate and are returned to customers by the administrator - repayment can take time, and administration costs may be deducted along the way.

How e-money safeguarding works → Verify on the register →

Authorised activities (PSD2 / EMD2)

Payment-services activities NorthernTech SIA is permitted to carry out under its licence, as recorded in the register.

  • Issuing payment instruments and acquiring payment transactionsPSD2_5
  • Execution of payment transactions on a payment accountPSD2_3
  • Safeguarding of customer fundsSAFEGUARDING
  • Issuance of electronic moneyEMI_ISSUANCE

Frequently asked questions

Is NorthernTech SIA a licensed e-money institution?
Yes. NorthernTech SIA holds EMI authorisation from Latvian Financial and Capital Market Commission in Latvia, licence reference 50203650291. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
Who regulates NorthernTech SIA?
NorthernTech SIA is authorised and supervised by Latvian Financial and Capital Market Commission in Latvia. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
What is NorthernTech SIA's licence or FRN number?
NorthernTech SIA's licence reference number is 50203650291. Enter it on the EBA EUCLID register at euclid.eba.europa.eu to confirm the institution's identity and that its authorisation is in force.

Sourced from the FCA Financial Services Register and the EBA EUCLID register; cross-checked daily.

Other licensed institutions in Latvia

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Registered office

Street
Biķernieku iela 160 k-10 - 4J
City
Riga, LV-2130

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