Citadele banka

Citadele banka is a universal bank focused on redefining modern digital banking and providing a wide range of banking products to retail, SMEs, and corporate customers. In addition to traditional services, it also offers next-generation financial technology-based services such as a modern MobileApp, contactless and instant payments, and modern customer onboarding practices. The Group primarily operates in the Baltics (Latvia, Lithuania, and Estonia). Citadele was founded in 2010 and is involved in the Financial Services and Banking industries. The bank's shareholders include a consortium led by Ripplewood Advisors LLC and co-investors, who hold 74.2% of the shares, the European Bank for Reconstruction and Development (EBRD) with a 24.7% stake, and 1.1% is held by the management and employees. This international group of investors brings a wealth of experience in the banking sector to Citadele. With a focus on leveraging modern technology and a diverse range of financial products, Citadele is well-positioned to innovate and adapt to the evolving banking landscape. Their commitment to providing more opportunities and an enhanced banking experience aligns with the demands of today's digital-savvy consumers. Overall, Citadele presents an exciting opportunity for venture capital firms looking to invest in a forward-thinking banking institution with a strong regional presence and a commitment to digital innovation.