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23 November 20232 min read

Breaking Boundaries: Latvian and Estonian Companies Explore Exciting Collaborative Opportunities.

Inspired by
Angelina Prokopenko
Angelina Prokopenko
Wallester and DelfinGroup

We are thrilled to announce that Wallester and DelfinGroup have entered a partnership agreement. We are delighted to be working alongside one of Latvia’s most trustworthy loan providers to introduce our joint product. 

We are eager to establish a fruitful and mutually beneficial collaboration. 

One of the leading loan providers in Latvia

Let’s look closer at DelfinGroup, a fintech giant based in Latvia. Founded in 2009, DelfinGroup began as a pawn store in the heart of Riga. Since then, they have expanded to become one of the leading financial services providers throughout Latvia, offering consumer and pawn loans, buy-now-pay-later, and specialising in loans for seniors. The group operates under two brands, Banknote and Vizia, and besides financial services and loans, they have an online shop selling pre-owned goods. Since 2014, DelfinGroup has been known on the Nasdaq Riga Stock Exchange as a bond issuer and, as of 2021, is included on the Baltic Main List.

In the midst of their success, DelfinGroup continues to innovate and adapt to meet the changing needs of their customers.

A Vision for the Future:

In collaboration with Wallester, DelfinGroup is preparing to introduce Visa cards under their brand name. The discussion included key figures such as Nauris Bloks, Chief Innovation Officer at DelfinGroup, alongside representatives from Wallester, including Artur Lemming, Head of Client Success, Wallester White-Label, Ekaterina Kurt, Senior Client Relationship Manager, White-Label, and Aleksandra Repina, Client Implementation Team Lead.  

Partnership for mutual benefits:

“This collaboration represents our core values: innovation, collaboration and cutting-edge technology. We are proud to partner with one of the leading lenders in Latvia, DelfinGroup, and support their ambitious goal to provide high-quality services and solutions to their customers. This is a great opportunity for both companies to grow and develop in the fintech sector, and contribute to the financial well-being of individuals and businesses in the Baltics.” – Sergei Astafjev, CEO of Wallester.

As outlined by Sergei Astafjev, this collaboration promises to provide a cutting-edge solution that will positively impact the financial sector not only in Latvia but across the entire Baltic region. To this, Nauris Bloks of DelfinGroup added:

“This initiative is a testament to our dedication to innovation, embracing the latest advancements in technology to provide the best solutions to our clients. We are committed to being at the forefront of change in the financial industry. I believe that through this partnership, we’re setting a new standard in consumer lending, one that will positively impact and simplify financial transactions for our clients.”

At Wallester, we are always eager to implement new cutting-edge technology and modern payment solutions, and we hope that you are as excited about our collaboration with DelfinGroup as we are.

Stay tuned for more updates and innovations!


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