Magnetiq Bank Overview
- Year Founded
-
2008
- Status
-
Acquired/Merged
- Employees
-
130
- Latest Deal Type
-
M&A
- Financing Rounds
-
1
Magnetiq Bank General Information
Description
Provider of banking services intended to connect regulated banking with modern financial technology. The company's services include EU fintech banking infrastructure, direct Visa and Mastercard cooperation, API-driven integration, support for multiple currencies, local acquiring, and webhook notifications, thereby enabling fintech companies to launch and scale financial products through secure and regulated payment processing.
Contact Information
Website
www.magnetiqbank.com(Operating Subsidiary)
Corporate Office
- Brivibas Iela 54
- Riga, LV-1011
- Latvia
Corporate Office
- Brivibas Iela 54
- Riga, LV-1011
- Latvia
Magnetiq Bank Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Magnetiq Bank Signals
Magnetiq Bank FAQs
-
When was Magnetiq Bank founded?
Magnetiq Bank was founded in 2008.
-
Where is Magnetiq Bank headquartered?
Magnetiq Bank is headquartered in Riga, Latvia.
-
What is the size of Magnetiq Bank?
Magnetiq Bank has 130 total employees.
-
What industry is Magnetiq Bank in?
Magnetiq Bank’s primary industry is National Banks.
-
Is Magnetiq Bank a private or public company?
Magnetiq Bank is a Private company.
-
What is Magnetiq Bank’s current revenue?
The current revenue for Magnetiq Bank is .
-
When was Magnetiq Bank acquired?
Magnetiq Bank was acquired on 12-Dec-2023.
-
Who acquired Magnetiq Bank?
Magnetiq Bank was acquired by Signet Bank.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process