Building a secure, compliant, and scalable merchant services infrastructure within the EU regulatory framework.
To provide a secure and efficient payment environment for European businesses. We aim to support the real economy by offering transparent acquiring services, grounded in a philosophy of prudent risk management.
We envision a sustainable growth path. Rather than pursuing aggressive expansion, Codego Europe SIA prioritizes the stability of its infrastructure, capital adequacy, and the trust of its supervisory authorities.
Codego Europe SIA operates under a strict internal governance framework. Key decision-making power resides within our Riga headquarters, ensuring adherence to strict capital requirements and local substance.
Upon authorisation, Codego Europe SIA intends to offer the following payment services:
Technical processing of card-based payment transactions. We act as the bridge between merchants and international card schemes.
Transparent settlement of funds to merchant accounts. We provide detailed reconciliation reports to help SMEs match sales accurately.
Access to clear, auditable dashboards. Merchants receive granular data on transaction status, chargebacks, and fees.
Please be advised that Codego Europe SIA focuses exclusively on payment acquiring services. We do not offer:
Codego Europe SIA is a limited liability company registered in the Republic of Latvia. We are currently an applicant for a license to operate as a Payment Institution under the supervision of the Bank of Latvia (Latvijas Banka).
Client funds are held in dedicated safeguarding accounts at reputable credit institutions, strictly separated from the company’s own funds, ensuring protection in accordance with the Law on Payment Services.
Our Internal Capital Adequacy Assessment Process (ICAAP) ensures we maintain sufficient own funds to cover all operational risks.
"We go beyond minimum regulatory requirements to ensure absolute operational resilience."
A robust model separating operational controls, independent monitoring, and internal audit assurance.
Zero tolerance for financial crime. Mandatory UBO identification and real-time transaction monitoring.
Fully aligning with the Digital Operational Resilience Act (DORA) for cybersecurity standards.
We focus on micro-SMEs and SMEs within the EEA with transparent business models. To maintain a healthy ecosystem, we practice selective onboarding and do not support high-risk industries.
Tailored proposals available upon individual compliance review.
Headquarters
Codego Europe SIA
Skunu Street 19, Riga, LV-1050, Latvia
Registration
Reg No: 40203662566
General: info@codegoeurope.com
Compliance: compliance@codegoeurope.com