Founded in 2017, IPAS "INDEXO" was established to challenge the Latvian pension market, which was traditionally dominated by high-commission bank-managed funds. The company's mission is to provide transparent, low-cost, and passively managed pension plans by investing in global index funds. After a successful Initial Public Offering (IPO) in July 2022 on the Nasdaq Riga stock exchange, INDEXO is now actively working on establishing a new commercial bank in Latvia, aiming to extend its low-cost, customer-focused financial model to everyday banking services.

Founded in

Latvia