Juni secures Swedish EMI licence

October 26, 2022

Today, we’re excited to share that we have secured our Electronic Money Institution (EMI) licence from Swedish regulator Finansinspektionen. This is a first step to enable us to issue e-money in Sweden and in time, across Europe. 

So what does this mean for Juni and our customers? 

We will be able to:

  • Be more flexible and create more tailored offers for our customers by broadening the range of payment products and services available and to go to market quickly
  • Introduce modern and progressive compliance procedures that will offer our customers even better protection from fraud - by combining in-house built and third party vendor solutions
  • Passport the EMI licence and provide our products and services to all other EU countries, with the aim to do so early next year
  • Strengthen our existing payments technology stack in preparation to enter other markets beyond Europe 

Our CEO and Co-founder Samir El-Sabini, says, “This is an important milestone for Juni. It enables us to have an even more robust legal and regulatory framework, ensuring we continue to operate a safe financial ecosystem for our customers. We’re also excited to leverage our EMI licence to broaden our range of payment products and services, and continue to help our customers grow.”  

More articles

October 14, 2021
We extend our Series A round
Today, we announce that we extend our Series A round with $52,000,000, making the total...
Read Article
June 2, 2021
Juni: the first 60 days
A summary of where we are now and what's coming next...
Read Article
May 26, 2021
Juni hosts first ever webinar with Jarno...
Juni hosts the founder of nelly.com and NA-KD.com for an exclusive webinar...
Read Article