Magnetiq Financial institution Headquarters, Riga
Magnetiq Financial institution emblem
Magnetiq Financial institution Central Workplace, Riga
AS LPB Financial institution formally modifications its authorized title to AS Magnetiq Financial institution and introduces a brand new model visible identification.
RIGA, LATVIA, Could 7, 2024 /EINPresswire.com/ — The renaming and rebranding of the financial institution are based mostly on an acquisition deal concluded on the finish of 2023, through which Latvia’s main funding financial institution, Signet Financial institution AS, turned the only real shareholder and guardian firm of AS LPB Financial institution.
The model change is a part of a broader enterprise improvement technique for the Signet Financial institution group and AS Magnetiq Financial institution. Its purpose is to advertise more practical implementation of monetary improvements, enhance the provision of digital merchandise within the banking sector, and strengthen its place within the FinTech trade.
The brand new title and model visible identification mirror the financial institution’s unwavering dedication to introducing progressive and high-quality digital monetary options and increasing and diversifying its monetary providers and merchandise. This dedication ensures thus that financial institution shoppers will proceed to expertise an much more efficient and higher collaboration expertise. The model philosophy of AS Magnetiq Financial institution is an interaction between simplicity, accessibility, and effectivity, reflecting the newest international developments within the digital monetary sector.
The title Magnetiq Financial institution originates from the phrase “magnet,” symbolizing the financial institution’s dedication to attracting progressive monetary applied sciences with a “magnetic” attraction to shoppers, providing a better high quality of service expertise. Magnetiq Financial institution is a model pushed by steady improvement modifications, combining numerous progressive, environment friendly, and extremely technologically developed monetary options to unlock new potential and development for its shoppers. The Magnetiq Financial institution emblem and image characterize the dynamic relationship between the financial institution and its shoppers. The sq. used within the design displays stability and safety, whereas the circle symbolizes attraction and the connection the financial institution creates with every consumer. With the model change, the financial institution strengthens its place within the native and European markets, guaranteeing a constant and unified model expertise.
“For a few years, the financial institution has been actively working within the FinTech and e-commerce sectors. The providers developed for these industries, comparable to Banking-as-a-Service (BaaS) and cost options for e-commerce, have grow to be the core of our service portfolio. The model change displays our long-term dedication to proceed creating this service section, offering shoppers with considerate and progressive monetary options. This focused step, centered on shoppers who use our providers comprehensively and derive most profit from them, permits us to emerge as digital monetary providers trade leaders. The financial institution’s deal with the e-commerce and FinTech sectors synergizes with our goal prospects’ wants for complete and built-in providers that promote their enterprise development regionally and globally,” explains Anton Kononovs, the board’s performing chairman at Magnetiq Financial institution.
“The introduction of the Magnetiq Financial institution model marks a brand new section within the development and improvement technique of the Signet Financial institution group, in addition to a big milestone within the Latvian banking sector as an entire. Magnetiq Financial institution was created to fulfill the rising demand for monetary services particularly designed for FinTech, e-commerce firms, and the promotion of monetary improvements. There’s nonetheless a scarcity of such merchandise within the Latvian banking sector, and the Signet Financial institution Group is dedicated to altering this example. Within the coming years, the Signet Financial institution Group plans to considerably broaden the vary of merchandise provided by Magnetiq Financial institution, specializing in progressive and high-quality digital options,” emphasizes Roberts Idelsons, Chairman of the Board of Magnetiq Financial institution and Chairman of the Board of Signet Financial institution.
AS Magnetiq Financial institution and Signet Financial institution AS proceed to function as separate banking establishments. The transition to a brand new authorized title is unbiased of shoppers and companions. Present contracts don’t should be modified or switched. All cost playing cards issued underneath the earlier title and concluded financial institution contracts will stay legitimate till expiration. The standard communication channels with the financial institution and operational procedures stay unchanged to make sure buyer comfort.
The Magnetiq Financial institution model title was developed by the Ukrainian advertising company Leletko & Pronyk.” In the meantime, the model’s emblem, visible identification, and web site had been created by one other Ukrainian company, “GoodFace,” which focuses on working with shoppers from the FinTech trade.
You’ll find extra details about Magnetiq Financial institution and its providers on the brand new web site: https://magnetiqbank.com
About AS Magnetiq Financial institution:
AS Magnetiq Financial institution, a Latvian financial institution, is devoted to assembly the distinctive wants of FinTech, startups, and e-commerce service suppliers. We provide banking infrastructure, segregated accounts, and cost options to help your online business development. Our purpose is to foster the event of the startup and e-commerce sector by leveraging progressive applied sciences and offering distinctive customer support. As part of the Signet Financial institution group, our sole shareholder is Signet Financial institution AS – the main funding financial institution in Latvia, which is dedicated to financing native entrepreneurs and attracting investments for his or her companies.
Julija Fescenko, Head of Advertising and Communication
Magnetiq Financial institution
julija.fescenko@magnetiqbank.com
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Meet a brand new model. Magnetiq Financial institution – energy in collaboration.
