- Founded
- 2014-01-01 in Malta
- Headquarters
- Naxxar, Malta
FinXP is an award-winning European payments and banking service provider headquartered in Naxxar, Malta. Founded in 2014 by Jens Podewski and Stefan Haenel, the company is licensed as an Electronic Money Institution by the Malta Financial Services Authority (MFSA) and operates as a principal member of Mastercard. FinXP focuses on delivering seamless, secure, and compliant payment infrastructure to underserved and high-risk businesses, including fintechs, digital platforms, and regulated industries. The company’s core offerings include dedicated Euro IBAN accounts, SEPA Direct Debit collection, a customisable omnichannel payment gateway, cross-border payout solutions covering over 100 countries, and physical/virtual card issuing. FinXP is registered with the European Payments Council (for SEPA) and with SWIFT, and its platform supports fiat-to-crypto integrations, enabling clients to bridge traditional finance with digital assets. With a team of 51–200 employees, FinXP differentiates itself through a full-stack “one-stop-shop” approach that combines banking services and payment processing under a single regulated entity. The company has experienced rapid transaction volume growth and has invested in automated AML compliance technology (via ComplyRadar) to scale operations while maintaining high regulatory standards. Its mission is to empower businesses to make and receive payments quickly, easily, and in whatever form suits them best, positioning FinXP as a trusted partner in the evolving European fintech landscape.
Detailed Review
History and Founding
FinXP was established in Malta in 2014 by Jens Podewski (CEO) and Stefan Haenel (CFO). Podewski brought over 25 years of financial sector experience, including 15 years as Head of Trade Finance for the Otto Group, with deep expertise in international credit card markets and payment processes. Haenel’s background complements the founding team’s strategic vision. The company obtained its EMI licence from the MFSA, later achieving principal membership with Mastercard and registration with the European Payments Council and SWIFT.
Operations and Licensing
FinXP is privately held and operates from its headquarters in Naxxar, Malta, with a registered office at Triq l-Imdina, Zone 1 Central Business District, Birkirkara, CBD1010, Malta. The company employs 51–200 people and serves a global client base of B2B and B2B2C businesses, with a particular focus on fintechs, online platforms, and regulated industries.
Products and Platforms
FinXP offers a comprehensive suite of payment and banking solutions. Dedicated Euro IBAN accounts provide business accounts for SEPA payments and receipts across 36 SEPA countries. SEPA Direct Debit collection enables automated pull-payment solutions for recurring billing and subscription management. The ecommerce payment gateway is a PCI-certified omnichannel gateway supporting card payments and alternative payment methods. Cross-border payouts reach over 100 countries with competitive FX rates. Card issuing includes physical and virtual debit and prepaid cards configurable for B2B expense management or B2B2C programmes. Clearing services offer dedicated settlement and clearing for financial institutions. Innovative payout solutions provide API-driven programmable payment rails for platforms and marketplaces. Crypto/fiat integration supports on/off-ramp payments between fiat and digital assets.
Recent Developments
In 2023, FinXP appointed Jon Vigier as Chief Technology Officer and Marc Conway as Chief Commercial & Product Officer to accelerate product innovation and business expansion. The company also implemented ComplyRadar’s AI-driven AML transaction monitoring solution to automate compliance case management and sustain rapid growth.
Client Profile and Market Position
FinXP positions itself as a trusted partner for under-served high risk businesses, emphasising regulatory compliance, scalability, and customer-centric service. The company has been recognised with industry awards and maintains a strong media presence through podcasts and fintech events.
Key Products
Dedicated Euro IBAN Accounts
Business accounts enabling receipt and sending of SEPA payments, with support for cross-border transactions.
SEPA Direct Debit Collection
Automated pull payment method covering 36 SEPA countries, ideal for recurring billing and subscriptions.
E-commerce Payment Gateway (Omnichannel)
PCI-certified gateway accepting credit/debit cards and alternative payment methods, with integration via APIs.
Cross-Border Payouts
Fast and cost-efficient international payments to over 100 countries, supporting multiple currencies.
Card Issuing
Debit and prepaid card solutions (Mastercard-branded) for businesses to issue to customers, employees, or partners.
Clearing Services
Direct clearing capabilities through SWIFT and SEPA infrastructure, facilitating bulk payment processing.
Innovative Payout Solutions
Tailored payout engines for high-volume disbursements, including to under-banked regions.
Banking-as-a-Service (BaaS)
Embedded banking and payment modules API for fintech and platform partners.
IBAN4U
Dedicated Euro IBAN business account for receiving and making SEPA payments, including SEPA Instant.
SEPA Direct Debit
Pull‑payment collection service active in 36 SEPA countries; suitable for recurring billing.
Payment Gateway
PCI‑Level 1 certified omnichannel gateway accepting cards and alternative payment methods.
Cross‑Border Payouts
FX‑enabled payouts to 100+ countries via SWIFT and SEPA; fast settlement.
Card Issuing (Debit & Prepaid)
Mastercard debit and prepaid card programmes for businesses, including co‑branded and closed‑loop solutions.
BaaS (Banking‑as‑a‑Service)
API‑first infrastructure enabling partners to embed payment and banking capabilities.
Euro IBAN4U Account
Dedicated business IBAN accounts for SEPA payments and receipts
Ecommerce Payment Gateway
PCI-certified omnichannel gateway for cards and APMs
Crypto/Fiat On/Off-Ramp
Integration allowing FIAT-to-crypto and crypto-to-FIAT transactions
Offices & Headcount
125 employees (approx.)
Key Persons
Stefan HaenelCFO & Co-Founder
Jens PodewskiCEO & Co-Founder
Jon VigierChief Technology Officer
- Marc Conway
Chief Commercial & Product Officer