PaySaxas Oy has been officially granted an Electronic Money Institution (EMI) license by the Finnish Financial Supervisory Authority (FIN-FSA). This marks a key milestone in our mission to deliver secure, modern, and compliant financial solutions across Europe.
The EMI license authorizes Paysaxas to issue electronic money and offer a comprehensive range of payment services throughout the European Economic Area. Operating under an EMI regulatory framework reinforces the company’s commitment to financial security, transparency, and scalability, ensuring full compliance with EU financial regulations. This achievement enables Paysaxas to offer businesses and individuals more efficient, reliable, and user-friendly financial services, helping to bridge the gap between traditional banking and modern fintech solutions.
“The EMI license granted by the FIN-FSA is a clear and logical step when thinking about PaySaxas’s dedication to building a trusted and regulated financial ecosystem, like our vision and mission states,” said Dmitrii Barbasura, representative of PaySaxas Oy. “With this approval, we are poised to accelerate our expansion, enter new markets, and strengthen partnerships while delivering enhanced value to our users.”
The EMI status positions PaySaxas among the leading regulated FinTech players, setting a new benchmark for trust and reliability in the industry. By integrating cutting-edge technology with robust regulatory compliance, the company continues to reshape digital finance with customer-first innovation at its core as the primary PaySaxas value.
Looking ahead, Paysaxas plans to introduce new products and services tailored to meet the evolving needs of businesses and corporate clients. By leveraging its EMI license, Paysaxas Oy aims to expand its footprint in the European financial market, enhance payment processing capabilities, and provide seamless cross-border transactions.
Paysaxas Oy remains committed to upholding the highest regulatory and operational standards, ensuring a secure and transparent financial environment for all users.
