eCommerceNews Asia - Technology news for digital commerce decision-makers
Asia

Electronic Money Institution (EMI) Stories

Global Stories

Electronic Money Institution (EMI) stories

Currenxie launches EEA business accounts from Ireland
Fintech

Currenxie launches EEA business accounts from Ireland

Currenxie enters the EEA from Dublin with multi-currency business accounts, targeting SMEs seeking faster cross-border payments.

By Sean Mitchell • 4 min read • 2 days ago
Spendesk names new chiefs as it posts first profit
Software-as-a-Service

Spendesk names new chiefs as it posts first profit

Profitability gives the finance software group room to expand AI tools, as it brings in new product and technology chiefs to steer growth.

By Sofiah Nichole Salivio • 4 min read • Wed, 25th Mar 2026
Revolut wins UK bank licence, plans major investment push
Fintech

Revolut wins UK bank licence, plans major investment push

Revolut secures full UK bank licence, pledging GBP £3 billion investment, 1,000 new jobs and a phased roll-out of FSCS-protected accounts.

By Karen Joy Bacudo • 4 min read • Thu, 12th Mar 2026
Kani & TransactPay expand data partnership for scale
Fintech

Kani & TransactPay expand data partnership for scale

Kani deepens its tie-up with TransactPay, adding Data-as-a-Service to streamline global payments data as the issuer ramps up scale.

By Shannon Williams • 3 min read • Fri, 23rd Jan 2026
Aspire secures key licences for global fintech rollout
Fintech

Aspire secures key licences for global fintech rollout

Singapore fintech Aspire wins key licences in Australia, Europe and the US, paving the way for a global rollout of its business finance platform.

By Catherine Knowles • 4 min read • Fri, 19th Dec 2025
Currenxie gains EMI licence from Central Bank of Ireland
Authorisation

Currenxie gains EMI licence from Central Bank of Ireland

Currenxie has secured an Electronic Money Institution licence from the Central Bank of Ireland, allowing its operations across the European Economic Area.

By Kaleah Salmon • 2 min read • Mon, 10th Mar 2025
Guavapay marks 71% revenue growth in financial year 2024
Fintech

Guavapay marks 71% revenue growth in financial year 2024

London-based Guavapay has reported a remarkable 71% growth in annual revenue for 2024, driven by a larger customer base and staff expansion.

By Shannon Williams • 3 min read • Tue, 21st Jan 2025
Majority of PSPs face bank account closures by lenders
Fintech

Majority of PSPs face bank account closures by lenders

A report from fintech Neo reveals 95% of Payment Service Providers have faced account closures or restrictions, often without bank explanations.

By Shannon Williams • 3 min read • Tue, 15th Oct 2024

Stories from Other Regions

Electronic Money Institution (EMI) stories

Metro Bank, Equals Money launch FX forwards service
Fintech

Metro Bank, Equals Money launch FX forwards service

Metro Bank teams up with Equals Money to offer FX forwards, helping UK business customers lock in exchange rates and manage currency risk.

By Karen Joy Bacudo • 3 min read • Thu, 19th Mar 2026
Bilder taps xpate for instant card funding across borders
Disaster Recovery

Bilder taps xpate for instant card funding across borders

Bilder integrates xpate's card top-ups to offer 24/7 instant multi-currency account funding for cross-border customers and businesses.

By Karen Joy Bacudo • 3 min read • Wed, 11th Mar 2026
Currenxie launches multi-currency SME account in UK
Crypto

Currenxie launches multi-currency SME account in UK

Currenxie rolls out a UK multi-currency business account for SMEs, promising cheaper cross-border payments, FX and Visa Business cards.

By Kaleah Salmon • 4 min read • Fri, 27th Feb 2026
Incard gains UK EMI licence to expand fintech platform
Disaster Recovery

Incard gains UK EMI licence to expand fintech platform

Incard secures UK EMI licence, bringing payments, cards and FX in-house as it scales its fintech orchestration platform for digital brands.

By Karen Joy Bacudo • 3 min read • Tue, 24th Feb 2026
Dext launches integrated payments for UK Xero users
Software-as-a-Service

Dext launches integrated payments for UK Xero users

Dext debuts Payments, letting UK Xero users pay suppliers and expenses inside its platform after a beta that processed GBP £800,000.

By Joseph Gabriel Lagonsin • 4 min read • Wed, 4th Feb 2026
Satellite IoT to transform South Australian resource monitoring
Unified Communications

Satellite IoT to transform South Australian resource monitoring

South Australia's Kanyini satellite now uses Myriota's IoT payload to monitor water, soil, and agriculture remotely, boosting sustainability and efficiency.

By Catherine Knowles • 4 min read • Thu, 17th Apr 2025
Payhawk to boost London workforce by 44% following revenue spike
Data Protection

Payhawk to boost London workforce by 44% following revenue spike

UK fintech company Payhawk aims to expand its London team by 44% following a successful year and the acquisition of its UK EMI Licence.

By Kaleah Salmon • 3 min read • Fri, 8th Mar 2024
Edenred teams up with UK's thinkmoney to enhance fintech services
Fintech

Edenred teams up with UK's thinkmoney to enhance fintech services

Edenred Payment Solutions partners with UK e-money firm, thinkmoney, strengthening card and account capabilities. This critical collaboration boosts thinkmoney's product range and enhances their customer experience.

By Catherine Knowles • 3 min read • Thu, 11th Jan 2024