Jifiti Earns EMI License in Europe

Published 5 months ago

Jifiti, a global white-labeled solution provider to banks, lenders, and financial service providers, has been granted an Electronic Money Institution (EMI) license in Europe following a rigorous review by the Swedish regulator.

A Testament to Compliance and Regulatory Standards

The EMI license is a validation of Jifiti’s compliance and regulatory standards, which also include PCI/DSS, SOC 2, and ISO 27001 certifications. This license allows the company to offer a wider range of payment products and services to meet the expanding needs of its clients.

Being licensed not only provides banks and lenders with the confidence that they are working with a company under enhanced regulatory oversight but also makes it easier for them to innovate and compete in the rapidly evolving payments landscape.

Facilitating Pan-European Solutions

The EMI license also enhances Jifiti’s remarkable ability to offer pan-European solutions for multinational banks and merchants. Yaacov Martin, CEO of the Jifiti Group, expressed that becoming a licensed e-money issuer is a significant step forward in the company’s growth trajectory. It enables Jifiti to bring even more value to its customers and partners.

Comprehensive Financing Options

Jifiti’s white-labeled embedded lending platform supports every B2B and B2C point-of-sale financing option, including installment loans, lines of credit, net terms, and split payments. Jifiti’s global presence provides consumers and businesses worldwide with easy access to loan programs from trusted local banks and lenders from within any customer journey.