Company Information

Get to know altumlv

Attīstības finanšu institūcija Altum is a state-owned company in Latvia established with the mission to foster national economic growth by providing targeted financial support. It manages state aid and European Union fund programs, offering a range of financial instruments including loans, credit guarantees, and venture capital investments. Altum's primary goal is to supplement the private financial market by financing projects in areas where private capital is insufficient, thereby supporting entrepreneurs, agricultural businesses, and specific residential programs like housing for young families and energy efficiency improvements.

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Financial InvestmentPRIMARY
Financial Other Service

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altumlv

Latvia

Founded in

2015 (11 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

Security Information :

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ASIC

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.