The Hungarian Fintech Association, represented by Chairman Zoltán Ács, took an important step toward deepening regional fintech collaboration by signing a Memorandum of Understanding with the Fintech Latvia Association in Riga. 🤝 🗞️
The signing took place during a ☕ Fintech Breakfast co-organized by the Fintech Latvia Association, the Hungarian Fintech Association and the Embassy of Hungary Riga. The event gathered innovators, founders and investors from both countries to explore opportunities for cross-border cooperation, partnerships, and investment.

The event featured pitches from six Hungarian and five Latvian fintech companies, showcasing a diverse range of solutions, from digital assets and corporate banking software to green bonds and payment infrastructure.

🇭🇺 Hungarian innovators included:
BlockBen – digital asset solutions (Viktor Bodnar)
Cardinal Kft. – corporate internet and mobile banking software (Robert Nemcsics, Attila Hachbold)
milpay – buy-now-pay-later digital financing (Márk Kitli)
ABLEMENTS (R34DY) – AI-based banking integration for legacy system modernization (Gábor Budai-Tüske)
Ergomania – Fintech Product Design – fintech product design agency (Dr Andras Rung – UX Strategist)
IDBC Group – executive search, tech staffing & HR services (Szófia Balázs)

🇱🇻 Latvian innovators included:
Paynt – integrated payment infrastructure (Jānis Līcis)
Nodu – fiat & stablecoin payments through one API (Alex Novozhenov)
Upwood.io – Green Bonds backed by sustainably managed forests (Lauris Borodovskis)
PUTNIKS – travel payment advisory service (Hanna B.)
ALPPES Capital – investor in leading local fintech ventures (Vairis Dmitrijevs)

A special thank you goes to Péter Soltész for his invaluable contribution in making the event possible.

This new partnership marks another milestone in strengthening Central and Eastern Europe’s fintech ecosystem, fostering innovation, collaboration, and investment across borders.