One of the best regions in the world for a fintech company is Europe. The EU is a single market comprising 28 states, 21 million businesses, and half a billion affluent consumers. It is the world’s largest market with no internal duties, tariffs, or barriers. Fintech...
All Electronic Money Institutions (EMIs) and Payment Institutions (PIs) must open a safeguarding account to do business and accept payments from their customers. There are no exceptions. The safeguarding requirements, according to Payment Service Providers Directive 2...
The emergence of embedded finance has allowed brands to directly integrate financial services such as accepting payments, providing lending, or selling insurance right into their digital platform. In essence, any brand is now able to utilize embedded finance and...
Lithuanian Digital Bank European Merchant Bank has chosen communications agency Brandnomika as its communications partner. Brandnomika will manage EMBank's corporate image and increase its brand awareness in Lithuania and globally. "We started operations in Lithuania...
European Merchant Bank, which holds a specialized banking license and has been operating in Lithuania since late 2019, has ended the third quarter of 2021 with a record size of loan portfolio. In September 2021, EMBank’s accumulated loan portfolio reached 29,7 mln....
Open banking is a practice where banks provide access to third-party financial service providers through an application programming interface (API) with their customers’ consent. Depending on their business model and service, these third-party providers (TPPs) gain...
Fintech companies are often founded on principles of entrepreneurship and cutting-edge technology. However, their knowledge of banking products and regulations may be limited. Conducting business in the fintech sector is very dynamic and challenging. Stakeholders...
The team at European Merchant Bank, which holds a specialized banking license and has been operating in Lithuania since late 2019, was reinforced by an experienced high-level executive. Eugenijus Preikša has been appointed to the position of the bank’s Chief Risk...
European Merchant Bank (EMBank) has shown significant growth in 2021 and reached a monthly break-even point in less than three years after being granted its license from the European Central Bank. European Merchant Bank is showing strong performance despite the...
What is an Electronic Money License? An Electronic Money License acts as authorization provided by the FCA (which acts as sole regulator) for an Electronic Money Institution to conduct its business. This generally has fewer requirements for approval from the FCA but...
2020 Copyright © European Merchant Bank UAB. All rights reserved.
European Merchant Bank UAB is licensed by European Central Bank (License No. 3)
Swift BIC: EUEBLT22
Bloomberg Dealing Code: EUEB
2020 Copyright © European Merchant Bank UAB. All rights reserved.
European Merchant Bank UAB is licensed by European Central Bank (License No. 3)
Swift BIC: EUEBLT22
Bloomberg Dealing Code: EUEB
