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Juni: Secures Swedish EMI licence | Fintech InShorts: Latest fintech news, analysis by experts
Monday, December 23, 2024

Juni: Secures Swedish EMI licence

Juni: Secures Swedish EMI licence

  • Juni makes every day easier for eCommerce businesses, helping you manage your finances and maximize cash flow
  • Announced that it has secured its Electronic Money Institution (EMI) licence from Swedish regulator Finansinspektionen
  • The EMI licence is the first step to enable to issue of e-money in Sweden and in time, across Europe
  • Gives eCommerce businesses a unified view of their finances with cards, multi-currency accounts, and accounting
  • Passport the EMI licence and provide its products and services to all other EU countries, with the aim to do so early next year
  • Strengthen its existing payments technology stack in preparation to enter other markets beyond Europe

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