EMIs & payment institutions
Licensed EMIs and PIs, IBAN accounts.
SH Financial
SH Financial is the brand of Stanhope Financial, operated by UAB STANHOPE FINANCIAL (company number 305574870), an electronic money institution licensed by the…
Seven Seas Finance
Seven Seas Finance provides payment accounts for international trading companies and individuals. It operates through UAB Seven Seas Europe, an electronic…
SEPAGA
SEPAGA is a Cyprus-based electronic money institution, SEPAGA E.M.I. Ltd (company number HE347331), authorised by the Central Bank of Cyprus under licence…
Satchel
Satchel is a Lithuanian electronic money institution operating through SatchelPay, UAB, which is licensed by the Bank of Lithuania (licence number 28, company…
Qonto
Qonto is a business account with cards, transfers, invoices and accounting tools for freelancers, entrepreneurs and companies. The platform also covers team…
Privalgo
Privalgo is an international payment platform with multi-currency accounts, e-wallets and virtual IBANs. It combines receiving, sending and managing payments…
Powens
Powens combines financial data and payment infrastructure: virtual IBANs, automation of incoming and outgoing payments, and open-banking APIs. The Unnax brand…
Pleo
Pleo is a corporate card and spend management platform that also handles reimbursements and supplier payments. Cards run on the Mastercard network, and the UK…
Pervesk
Pervesk is a Lithuanian electronic money institution that offers personal and business payment accounts, IBANs and SEPA transfers. For financial companies it…
PayTop
PayTop is a payment institution that builds white-label money transfer services for companies wanting to launch a remittance product under their own brand. Its…
Payset
Payset offers business accounts in 35 currencies with local virtual IBANs, foreign exchange, and bulk and recurring payouts. The UK entity is Pay Set Limited…
Paysera
Paysera is a Lithuanian electronic money institution that provides payment accounts with an IBAN for businesses and private clients. The licensed entity is…
PaySaxas
PaySaxas offers businesses EUR accounts with a dedicated IBAN and SEPA and SEPA Instant payments. Its website describes settlements for licensed money service…
PayNovus
PayNovus provides multi-currency business accounts, SEPA and SWIFT payments and card issuing. The company also offers payment-as-a-service, BIN sponsorship and…
Paynetics
Paynetics is a payments company, authorised as an electronic money institution, that supplies card issuing and acquiring, payment accounts and transfers for…
Paymont
Paymont is a Lithuanian electronic money institution (EMI) that provides multi-currency payment accounts to companies, private individuals and trust funds. The…
Payhawk
Payhawk combines corporate cards and payments with spend management, supplier invoices and accounting integrations. Several legal entities share the work, so…
OpenPayd
OpenPayd is a payments infrastructure provider for companies and platforms, offering connected accounts, payout automation and an API. It acts as an…
EMIs & payment institutions by country
Related subsections
What an EMI is
An electronic money institution (EMI) is licensed to issue e-money and provide payment services, but not to lend or take deposits like a bank. Client funds are held in safeguarding accounts at partner banks. For payment companies, EMIs are often the most accessible way to get an IBAN account, multi-currency balances and instant transfers. A related category, the payment institution (PI), offers payment services without issuing e-money.
Why payment businesses use EMIs
- Faster, mostly online onboarding compared with traditional banks.
- Virtual IBANs to assign to merchants or clients and reconcile automatically.
- SEPA Instant, Faster Payments and SWIFT through one API.
- Some EMIs serve high-risk segments — iGaming, forex, crypto-related businesses — that banks avoid.
- Card issuing and payout products built on top of the account.
Risks to understand
- Safeguarded money is protected differently from bank deposits; read how the EMI segregates funds.
- EMIs depend on partner banks — if a partner exits, services can change at short notice.
- Account limits and enhanced checks can apply as turnover grows.
- Not every EMI can serve every country of incorporation or every industry.
How to choose an EMI business account
- Licence type and regulator; where the EMI passports its services.
- Currencies, rails and correspondent coverage you actually need.
- Pricing: opening fee, monthly fee, per-transfer charges, FX margin.
- API quality and support for bulk payouts.
- Policy on your vertical and on non-resident companies.
By country
EMI pages by jurisdiction: UK, Lithuania, Malta, Latvia, Poland. If you want your own licence instead, see payment licensing; for card programmes on top of an account, see BIN sponsors & BaaS.
Nominal hub lists institutions but does not open accounts on their behalf. Check Offers or post a request.