February 7, 2020

The eSignature Champion of 2019 in Latvia was Fitek

Fitek reached the top ten list of the most active eSigners in the country for the first time in 2018, and in 2019 Fitek already signed almost 8% of the total number of eSigned documents nationwide.

The Latvian State Radio and Television Centre (LVRTC) has recognised Fitek as the largest eSignature user in Latvia. Fitek uses the eSignature solution to sign a wide range of electronic documents for its customers in Latvia. As a result, document signing speeds can reach up to 2000 signatures per hour. The benefit of using an eSignature for individuals, or in the public and private sectors, is the ability to make a variety of processes more efficient, saving both time and financial resources.

The long-standing eSignature champion, the State Revenue Service, has ranked second in 2019. The Riga City Council, which had been the second most active eSignature user in the country for several years, has ranked third in Latvia in 2019, informs LVRTC, a provider of secure electronic signature and e-Identity verification services in Latvia.*

* Source: VAS “Latvijas Valsts radio un televīzijas centrs”

Fitek Balkan becomes majority stakeholder of personalized printing and enveloping company Tehnobiro. The deal was finalized on July 6. As a result, Fitek Balkan Ltd will own 51% of the stake and thus become the majority owner of Tehnobiro.

Learn More

1 July marks one year since the state of Estonia started accepting only e-invoices. This move made the state a pioneer in the transition to modern settlement solutions in Estonia; in one year, state agencies have received 370,000 e-invoices from their cooperation partners. Financial technology company Fitek, the operator of e-invoices for state agencies, estimates that the share of e-invoices received by the public sector has more than tripled, reaching 98%.

Learn More

Fitek, part of Europe’s leading financial technology company Unifiedpost Group, is to start cooperation with SEB Bank integrating e-invoice sending platform for SEB business clients. Initially, functionality will be launched in Estonia.

Learn More