ConnectPay

ConnectPay is an embedded-finance company founded in 2017 in Vilnius, Lithuania, licensed as an Electronic Money Institution by the Bank of Lithuania. It builds infrastructure that lets online businesses embed banking services into their own platforms instead of building compliance and settlement systems from scratch.

Its platform covers IBAN business, personal, and segregated accounts, SEPA and SWIFT cross-border payments with foreign-exchange support across 80-plus currencies, open banking connectivity, and virtual and physical Visa card issuing. Clients include e-commerce platforms, fintechs and neobanks, marketplaces, lending and crowdfunding platforms, and remittance services operating in or expanding into the European Economic Area.

1. IBAN accounts: Business, personal, and segregated IBAN accounts are provisioned through one platform.

2. Cross-border payments: SEPA and SWIFT transfers move funds domestically and internationally.

3. Currency exchange: Built-in FX supports transactions across more than 80 currencies.

4. Open banking: The platform connects to open-banking rails for account data and payment initiation.

5. Card issuing: Virtual and physical Visa business and personal cards are issued through the platform.

6. Regulatory compliance: Built-in EMI licensing and fraud controls reduce the compliance burden for clients.