Identity verification in Latvia
Latvia is the Baltic jurisdiction that went from being a non-resident banking hub with more than half of its deposits coming from outside the country, to an ECB-supervised SSM member whose largest private bank was designated a "primary money laundering concern" by the U.S. Treasury, to a country rated "substantially effective" across almost every MONEYVAL Immediate Outcome in 2024. The distance tr
Documents supported
(Government IDs from 220+ countries)
Average verification time
Countries covered
(Government-issued IDs validated)
Market overview
Latvia has a population of roughly 1.83 million, is a euro-area and Schengen member, and sits inside the ECB's Single Supervisory Mechanism (SSM) since 2014. The economy is mid-sized by EU standards but disproportionately exposed to financial services — historically as a non-resident banking corridor for CIS capital, and more recently as a small but growing fintech and crypto base anchored by companies like Mintos, Twino, TWINO, Jeff App, and a cluster of EMIs and payment institutions licensed out of Riga. Three structural facts shape the identity verification market here:
Supported documents
Didit templates cover national IDs, passports, residence permits and regional documents — plus 14,000+ documents globally for cross-border flows.
Regulators
the central bank and, since 1 January 2023, also the single integrated financial regulator after absorbing the former Finanšu un kapitāla tirgus komisija (FKTK / FCMC
DVI, Data State Inspectorate
PMLP (Office of Citizenship and Migration Affairs)
regulated
Central population register. Personas kods (personal code) assigned to all residents.
LVRTC
regulated
Electronic ID card and eSignature system. eIDAS-notified. Smart-ID also available.
Register of Enterprises
open
Business register. Online search available.
Government & regulated databases
Compliance framework
AML framework
Supervised by Latvijas Banka
The backbone statute is the Noziedzīgi iegūtu līdzekļu legalizācijas un terorisma un proliferācijas finansēšanas novēršanas likums — the Law on the Prevention of the Laundering of the Proceeds of Crime and of Terrorism and Proliferation Financing, usually abbreviated by Latvian practitioners as the NILLTPFN Likums or informally the "AML Act." It is published on likumi.lv and has been amended numerous times to transpose the successive EU AML Directives; the most recent substantive amendments took
Data protection
Supervised by Datu valsts inspekcija
Latvia sits inside the EU/EEA data space: cross-border transfers within the EEA are unrestricted under GDPR, and transfers outside require SCCs or an adequacy decision. DVI supervises and publishes guidance in Latvian and English on international transfers, DPIA requirements, and biometric processin
Penalties for non-compliance
3. FKTK → Latvijas Banka integration (1 January 2023). On 23 September 2021 the Saeima approved the merger. On 1 January 2023 the new Likums par Latvijas Banku (Law on Latvijas Banka) entered into force, integrating all financial market supervision, resolution authority, and AML supervision of licen
Use cases
Neobanks, EMIs, payment institutions, lenders, brokerages.
Latvijas Banka-supervised entities operate under the NILLTPFN Likums and the AML rokasgrāmata published on bank.lv, last materially updated in March 2026 to reflect the most recent EBA guidelines. A standard onboarding looks like:
Exchanges, custodians, wallets, on/off-ramps.
Latvia's crypto regime is more recent and, until MiCA, considerably less mature than Estonia's or Lithuania's. A condensed timeline:
Sports betting, online casinos, age-gated platforms.
Gambling in Latvia is governed by the Azartspēļu un izložu likums and supervised, through March 2026, by IAUI — the Izložu un azartspēļu uzraudzības inspekcija — which began operations on 1 January 1998. From 1 April 2026, IAUI is being folded into VID, the State Revenue Service. Licensing is two-st
Gig platforms, delivery, creator economy, e-commerce.
Pure marketplaces that are not themselves regulated financial institutions still face three converging KYC pressures:
Biometric liveness
Latvia does not operate a national biometric certification scheme for KYC vendors. Latvijas Banka supervisory expectations, expressed through the AML rokasgrāmata and inspection practice, align with: - eIDAS assurance level high for eID and remote identification - ISO/IEC 30107-3 Presentation Attack Detection standards as the baseline for liveness robustness - ETSI EN 319 401 general policy requirements for trust service providers, where applicable
CERTIFICATIONS
Our platform meets the highest international standards for information security, data privacy, and biometric accuracy.
Full EU data protection compliance
Information security management
PAD (liveness + face match)
TRUSTED WORLDWIDE
Join thousands of companies that trust Didit for their verification needs
Didit’s NFC + active biometrics technology blocks the most advanced fraud scenarios, offering a level of security equivalent to or superior to in-person verification.
Spanish Financial Sandbox
CNMV, SEPBLAC & Spanish Treasury — Conclusions Report
Didit is an exceptionally valuable partner, delivering a stable and highly adaptable solution”.
Vuk Adžić
Head of the E-Business Department at Crnogorski Telekom
Didit offered us a robust technology with a simple implementation and adaptability to different markets”.
Fernando Pinto
CEO & CoFounder at TucanPay
Thanks to Didit we have been able to reduce manual processes and improve data extraction accuracy”.
Diana Garcia
Trust & Safety Executive at Shiply
Didit’s integration slashed verification times and costs, freeing resources for other projects”.
Guillem Medina
COO at GBTC Finance
Didit removed KYC costs, enabling faster scaling with high verification standards and less fraud.”
Paul Martin
VP Marketing & Growth at Bondex
Didit’s secure, user-friendly verification boosts customer trust and optimizes our process.”
Cristofer Montenegro
Executive assistant to the CEO at Adelantos
Didit ensures a precise, secure digital onboarding without slowing negotiations or client time.”
Ernesto Betancourth
Gerente de riesgos at CrediDemo
FAQ
Yes. Latvia permits remote KYC onboarding under its national AML framework, including document verification, biometric liveness and video identification where required by regulation.
Didit verifies all major national IDs, passports and residence permits issued in Latvia, plus 14,000+ document types globally for cross-border flows.
Didit charges $0.30 per verification with 500 free checks per month. No contracts, no minimums. Competitors typically charge $1.00–$2.50+ per verification.
Yes. Didit screens against 1,000+ global watchlists including PEP databases, sanctions lists (EU, UN, OFAC, OFSI), and adverse media — covering all AML obligations in Latvia.
Most regulated sectors in Latvia require or strongly recommend biometric liveness detection for remote onboarding. Didit provides ISO 30107-3 PAD Level 2 certified liveness.
Yes. Didit supports document verification, liveness, AML screening and ongoing monitoring aligned with Latvia’s crypto regulatory framework, including EU Travel Rule compliance where applicable.
Yes. Didit provides document-based age verification and identity confirmation suitable for Latvia’s iGaming regulatory requirements.
500 free verifications per month. No contracts, no minimums. $0.30 per verification after the free tier.
