More than
an ordinary Bank

Combining innovative banking services and modern IT solutions with individual services, Magnetiq Bank offers you the benefits of professional cooperation!

 

Our technological and financial solutions enable clients in a variety of industries to accept payments for goods and services from anywhere in the world. We offer an e-commerce service in cooperation with Visa and Mastercard, and integrate with Apple Pay and Google Pay payment methods for your website or mobile application.

 

Our Bank provides FinTech companies and startups with access to the open architecture of various banking services, thereby offering a wide range of services “under one roof” for launching a business.

 

A clear understanding of clients’ business needs, our team of professionals and a long-term partnership outlook are the cornerstones of the continued development and growth of Magnetiq Bank

Management and shareholders

100% of Magnetiq Bank shares belong to Signet Bank

Facts and
figures

15 years of experience
For 15 years, Magnetiq Bank has held a stable position in the world of finance and technology, accumulating extensive experience of cooperation in international markets
Individual approach
Professional trust and an individual approach to each client – we seek out the best financial solution for you

Teamwork
215 professionals working on a common goal are the greatest guarantee of Magnetiq Bank stability

15 years of experience
For 15 years, Magnetiq Bank has held a stable position in the world of finance and technology, accumulating extensive experience of cooperation in international markets
Individual approach
Professional trust and an individual approach to each client – we seek out the best financial solution for you

Teamwork
215 professionals working on a common goal are the greatest guarantee of Magnetiq Bank stability

Magnetiq Bank in numbers

as at 31.03.2024 (unaudited)
0
million .€
Capital and reserves
0
million .€
Operating profit
0
million .€
Assets
0
million .€
Profit
0
%
Capital adequacy
Financial reports

The Bank’s history

Read more
2024 year
+
July
The bank hosted the monthly meeting of The Latvian Blockchain Association
June
Magnetiq Bank has appointed a new board
June
Participation in the “iFX EXPO Cyprus” exhibition

Magnetiq Bank is a fast-growing Bank. Our mission is to provide clients and partners with the most reliable, quick and high-quality service. Each employee of the Bank works towards this goal – we appreciate their professionalism and strong sense of responsibility.

 

We offer an interesting job in a professional team, with competitive remuneration and opportunities for professional growth.

 

Sustainable development

 

 

 

Magnetiq Bank is acutely aware of its social responsibility, and is paying particular attention to integrating international standards and sustainable development priorities in all of its core processes and lines of business.

 

The bank previously committed to reducing the negative environmental impact of its products and services in line with global targets set at the business strategy level, working responsibly with its clients, encouraging sustainable economic methodologies among its corporate partners.

Associations

 

 

 

 

Participation in associations promotes the exchange of knowledge and best practices among members, helping the bank improve its operational processes and strategies. Associations often act as the industry’s voice, influencing legislative processes to foster a favorable regulatory environment for financial technologies.

Contacts
and details

Address
Brivibas street 54, Riga, LV-1011
Working time
Mon-Fri 09.00 – 18.00
Payment card blocking
(+371) 67772999
All contacts
AS Magnetiq Bank
Licence No.:
06.01.04/255; 12.09.2008.
License re-registered
on December 20, 2017, No. 06.01.02.01.340/491
Registration No.:
50103189561
VAT Registration No.:
LV50103189561
SWIFT code:
LAPBLV2X
BLOOMBERG Dealing Code:
PAST
Address:
Brivibas street 54, Riga, LV-1011
Phone:
(+371) 67772999
Website:
www.magnetiqbank.com
Legal Entity Identifier (LEI): 259400YE9CCQBVY41L71
GIIN: ZJXIXC.99999.SL.428
INN/KPP 9909306994/775087001