Cembra Latvia SIA is a set-up in Riga, company registered in April 2023, as a software development hub for Cembra Pay AG. Cembra Latvia SIA provides nearshore support, such as Software Development and Management, Application Management and Administration to the partner organizations: Cembra Pay AG providing Buy now Pay later (BNPL) solutions and its mother company Cembra, a Swiss bank. Cembra is not a bank in the traditional sense, but a financial services provider and provider of innovative, digital payment solutions. Cembra offers its customers simple and uncomplicated financing solutions for all life situations.