This means that Wave Crest Holdings Ltd is voluntarily giving up its license to operate as an electronic money institution in Gibraltar. The surrender of the license is being done in coordination with the Gibraltar Financial Services Commission, which is the regulatory authority overseeing financial services in Gibraltar. Wave Crest Holdings Ltd offers various digital payment solutions for businesses, including corporate payments for Europe and the Americas, commission payment solutions for insurance companies, brokers, and fund managers, and a driver payout program for businesses. As an electronic money institution, Wave Crest Holdings Ltd is authorized and regulated by the Gibraltar Financial Services Commission. This means that the company must adhere to certain regulatory requirements and standards to ensure the safety and security of its customers funds and transactions. By surrendering its e-money license, Wave Crest Holdings Ltd is effectively ceasing its operations as an electronic money institution in Gibraltar. The reasons for this decision are not specified in the statement. Social Link

WARI PAY aims to make payments easier and more convenient for individuals and businesses. With its ticket premium service, users can purchase e-money vouchers that can be used for online purchases, mobile top-ups, and other transactions. The digital wallet feature allows users to store and manage their funds securely. WARI PAY also offers card payment solutions, allowing businesses to accept payments from customers using debit or credit cards. This feature is especially useful for e-commerce businesses that want to provide a seamless payment experience to their customers. For international transactions, WARI PAY supports SEPA payments, which enable fast and secure transfers between European bank accounts. This feature is particularly beneficial for businesses that have customers or suppliers in different European countries. In addition, WARI PAY provides cash-based e-commerce payment solutions, allowing customers to make online purchases and pay in cash at designated locations. This feature is especially useful for individuals who do not have access to traditional banking services or prefer to pay in cash. As an authorized and regulated electronic money institution, WARI PAY ensures the security and compliance of its payment solutions. The company follows strict regulations set by the Banque de France to protect the interests of its customers and maintain the integrity of the financial system. Overall, WARI PAY offers a range of payment solutions that cater to the needs of individuals and businesses, making it easier and more convenient to send and receive money, make online purchases, and manage funds securely. Social Link

Wallter UAB is an electronic money institution that provides checkout and payment solutions for businesses. They offer various financial services, including IBAN accounts, payroll cards, virtual cards, and business cards. As of 2020, Wallter UAB had a total of 52.41 million EUR in customer funds that needed to be safeguarded. This means that they hold and protect this amount of money on behalf of their customers. In terms of financial performance, Wallter UAB generated a gross profit of 9.45 million EUR in 2020. This indicates the amount of profit they made before deducting any expenses or taxes. Wallter UAB is incorporated in Lithuania and is authorized and regulated by the Bank of Lithuania. This means that they operate under the supervision and oversight of the central bank of Lithuania to ensure compliance with financial regulations and consumer protection measures. Social Link

Walletto UAB is an electronic money institution based in Lithuania. It specializes in issuing payment cards and providing payment services for merchants. Walletto UAB offers payment cards for both individuals and merchants, allowing them to make and receive payments electronically.For individuals, Walletto UAB provides payment cards that can be used for everyday transactions. These cards can be loaded with funds and used to make purchases online or in physical stores. They offer convenience and security, allowing individuals to manage their money easily. For merchants, Walletto UAB offers payment cards that are specifically designed for businesses. These cards can be used to accept payments from customers, both online and in-store. Walletto UAB provides the necessary infrastructure and technology to process customer payments and transfer funds to merchants. In addition to payment cards, Walletto UAB also offers payment services for online merchants. They provide a secure and reliable platform for accepting payments from customers on e-commerce websites. This allows online merchants to expand their customer base and increase sales. As an electronic money institution, Walletto UAB is authorized and regulated by the Bank of Lithuania. This ensures that they operate in compliance with the necessary regulations and safeguards customer funds. In 2020, Walletto UAB had a total of 45.40 million EUR in safeguarded customer funds. Overall, Walletto UAB is a trusted provider of payment cards and payment services for individuals and merchants. They offer secure and convenient solutions for managing and transferring funds electronically. Social Link

VORAPAY LIMITED provides a range of services to businesses, including the ability to create and manage corporate e-wallets. These e-wallets can be used for various purposes, such as making and receiving payments, managing funds, and tracking transactions. The company money management platform allows businesses to have a centralized view of their financial activities. This platform provides real-time updates on account balances, transaction history, and other financial data. It also offers tools for budgeting, expense tracking, and financial reporting. As an electronic money institution, It is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom. This means that the company must adhere to strict regulatory standards to ensure the security and integrity of its services. Overall, It aims to provide businesses with efficient and secure online payment processing solutions. Its corporate e-wallets and money management platform can help businesses streamline their financial operations and improve their overall financial management.

VFX Financial PLC is an electronic money institution that specializes in foreign exchange and remittances. It operates in the United Kingdom and is authorized and regulated by the Financial Conduct Authority. As of 2019, VFX Financial PLC had total assets worth 1.89 million GBP. However, the company reported a net loss of 268,564.00 GBP for the same period. Being an electronic money institution, VFX Financial PLC provides services related to electronic money, such as currency exchange and money transfers. It offers these services to individuals and businesses, helping them with their foreign exchange needs and facilitating international money transfers. As an authorized and regulated institution, It adheres to the regulations set by the Financial Conduct Authority. This ensures that the company operates in a compliant and transparent manner, providing a secure and reliable service to its customers. Social Link

Verse Payments Lithuania UAB is an electronic money institution based in Lithuania. It specializes in mobile payment applications and payment cards. The company offers mobile wallets and payment cards to individuals. As of 2020, Verse Payments Lithuania UAB had a total of 4.31 million EUR in customer funds that needed to be safeguarded. The company generated a gross profit of 4.61 million EUR. It  is incorporated in Lithuania and is authorized and regulated by the Bank of Lithuania. Social Link

VertoFX is a pioneering global financial technology company that provides businesses with robust cross-border payment solutions, foreign exchange (FX) services, and comprehensive banking solutions. With VertoFX, businesses can access multi-currency business accounts, manage expenses efficiently, and leverage FX and treasury management services to optimize their financial operations. Their platform also facilitates seamless invoice payments and offers core APIs for integrating their banking and payment infrastructure. Designed to streamline international transactions and enhance global business operations, VertoFX empowers companies to manage their global expenses effectively and drive revenue growth with greater efficiency and security. Year Founded: VertoFX was established in 2017, positioning itself as a modern solution to the complexities of global financial transactions. CEO: VertoFX is co-led by Anthony Oduu and Ola Oyetayo, whose visionary leadership drives the company’s innovative approach to financial technology. Headquarters: VertoFX is headquartered in London, a global financial hub, which provides them access to a wide range of financial markets and services. Why choose VertoFX? Global Reach: It allows businesses to send and receive payments in over 200 countries and in 39 different currencies, making it a versatile choice for companies with international operations. Cost-Effective Solutions: It offers competitive exchange rates and lower transaction fees compared to traditional banks. This can result in significant cost savings for businesses engaged in frequent cross-border transactions. User-Friendly Platform: The VertoFX platform is designed with user experience in mind, providing an intuitive interface that simplifies the process of managing multi-currency accounts, making payments, and handling foreign exchange transactions. Focus on Emerging Markets: They addresses the specific needs of businesses in emerging markets, such as issues with foreign exchange liquidity and high transaction costs. This focus helps businesses in these regions to operate more efficiently and competitively. Support and Services: VertoFX offers around-the-clock support to ensure smooth and efficient transaction processing. Their specialist services cater to the unique needs of each business, providing customized solutions to optimize financial operations.

Vialet is a financial platform that provides alternative banking and payment services for both individuals and SMEs. It offers a free IBAN account with EUR as the default currency, enabling users to receive payments and make fast money transfers via the SEPA payment scheme. Vialet also provides a contactless Mastercard® card for daily spending and online transactions. For businesses, Vialet extends its services to include features like adding multiple companies and team members to a single business account, business virtual cards, and online payment processing. Regulated by the Central Bank of Lithuania and a principal member of Mastercard®, Vialet ensures secure transactions and safeguards customer data. Year Founded: It was founded in 2017. CEO: The CEO of Vialet is Artjoms Grivkovs. Headquarters: It is headquartered in Vilnius, Vilniaus Apskritis, Lithuania. Why choose Vialet? All-in-One Platform: It provides a platform where you can manage all your banking and payment services in one place. Free Payments for E-commerce: Vialet offers free payments for e-commerce, making it an ideal choice for online businesses. Instant SEPA Payments: With Vialet, you can make instant SEPA payments, ensuring quick and efficient transactions. Security: Vialet ensures secure transactions and protects customer data. It is regulated by the Central Bank of Lithuania, providing an added layer of security and trust for its users. Support for SMEs: Vialet is particularly beneficial for small to medium-sized enterprises (SMEs), offering dedicated IBANs and card processing. Risk Appetite Risk AppetiteLow Risk ,License TypeElectonic Money Institution,RegulatedYes Features Cross Border Payments,Payouts Solutions Cross-border Payments,IBAN Account,Monitoring & Reporting,Online Payments Accepted Industries Adult,CBD,E-commerce,Financial Services,Gambling,Gaming,Hospitality,Pharma,Travel Social Link

Viola Money (Europe) Ltd is an electronic money institution based in the United Kingdom. It specializes in digital payments and offers various services such as e-wallet accounts, prepaid cards, and money transfers to individuals. As an electronic money institution, Viola Money (Europe) Ltd operates in the digital space, providing convenient and secure payment solutions to its customers. It allows individuals to store and manage their money electronically through e-wallet accounts, which can be accessed through mobile devices or online platforms. Viola Money (Europe) Ltd also offers prepaid cards, which can be loaded with funds and used for online and offline purchases. These cards provide a convenient alternative to traditional debit or credit cards, allowing users to control their spending and manage their finances more effectively. In addition, Viola Money (Europe) Ltd facilitates money transfers, enabling individuals to send and receive funds quickly and securely. This service can be particularly useful for international transactions, as it eliminates the need for traditional banking channels and reduces transfer fees. As of 2019, Viola Money (Europe) Ltd had total assets of 444,364.00 GBP, indicating its financial stability and growth in the industry. The company is authorized and regulated by the Financial Conduct Authority, ensuring compliance with regulatory standards and providing customers with confidence in its operations. Overall, Viola Money (Europe) Ltd is a reputable electronic money institution that offers a range of digital payment solutions to individuals. Its focus on convenience, security, and efficiency makes it a popular choice for those looking for modern and innovative financial services. Social Link

Vitesse PSP Ltd is an electronic money institution based in the United Kingdom. It specializes in international bank payments and offers services such as local collections, local payouts, and a peer-to-peer payments platform for businesses. As of 2019, Vitesse PSP Ltd had total assets worth 3.23 million GBP. However, the company reported a net loss of 1,782,903.00 GBP for the same year. It is authorized and regulated by the Financial Conduct Authority, ensuring that it operates within the legal framework and meets the necessary regulatory requirements. Social Link

Valyuz is a modern financial institution that provides a variety of payment services as an alternative to traditional banking. It offers payment accounts to both individuals and businesses across the globe. Regulated by the Bank of Lithuania and operating under the laws of the European Union, it ensures a secure and reliable financial platform for its users. In addition to online IBAN account services, Valyuz also offers a business debit card service. With a user-friendly app available on Google Play, Valyuz provides real-time currency exchange in over 35 major currencies, making it a convenient choice for international transactions. Year Founded: It was founded in 2017. CEO: The Managing Director and Co-Founder of Valyuz is Ran David. Headquarters: Valyuz is headquartered in Vilnius, Vilniaus Apskritis, Lithuania. Why  choose Valyuz? Global Reach: Valyuz provides services to individuals and businesses worldwide. Regulated and Secure: Valyuz is authorized by the Bank of Lithuania and operates under the regulations of the European Union. Comprehensive Financial Services: It offers online IBAN account services and a business debit card service. User-Friendly App: Valyuz has a user-friendly app available on Google Play, which offers real-time currency exchange in over 35 major currencies. Innovative Payment Solutions: Valyuz offers things like bulk payments and multi-signatory features. You can also connect your CRM or accounting software to the company’s open APIs in order to receive and manage payment notification. Risk Appetite Risk AppetiteLow Risk ,License TypeElectonic Money Institution,RegulatedYes Features Cross Border Payments,Currency Conversion,Payouts Solutions Cross-border Payments,Encryption,IBAN Account,Master Merchant Account,Monitoring & Reporting,Online Payments Accepted Industries E-commerce,Hospitality,Marketplaces Social Link