Jifiti is a Licensed E-Money Institution (EMI) in Europe
Jifiti is an Electronic Money Institution (EMI), licensed in Sweden by Finansinspektionen (The Swedish Financial Supervisory Authority) under the Swedish Electronic Money Act (2011:755).
Our license number is: 559419-5413
Looking to partner with a licensed EMI in Europe?
Why work with a licensed EMI?
As a licensed, regulated e-money issuer, we are able to serve the growing needs of our bank, lender, financial services and merchant clients with a broader scope of payment products and services.
Our EMI license serves as comprehensive validation of our company’s robust compliance and regulatory standards, which also include PCI/DSS, SOC 2 and ISO 27001 certifications.
For more details about our EMI license, read our press release.
Any e-money use case
With our EMI license, we can support a wide range of e-money use cases:
What is an EMI license?
The Electronic Money Institution (EMI) license enables the license holder to issue a broader variety of payment vehicles in Europe, including, but not limited to, electronic money (e-money), prepaid cards and mobile payments.
What is electronic money?
Electronic money (e-money) is a digital alternative to physical cash, a currency that is issued and traded electronically, for personal or business purposes. E-money can be transferred from person to person, company to company, and so on. According to the European Central Bank, e-money is a monetary value that is stored electronically, for example, on a card, mobile device or online.
