Andaria
“Can a dual UK/EU-licensed EMI become the default embedded-finance and card-issuing platform for European B2B fintech use cases?”
Founded2020
HQMalta (with London office)
FoundersPatrick Seguev, Nirav Patel
IndustryInfrastructure / BaaS
The story
Andaria was founded in 2020 as a dual-licensed EMI (Malta MFSA + UK FCA) targeting B2B multi-currency accounts and embedded payments. It has since expanded into card-programme BIN sponsorship across Visa/Mastercard/Discover and added embedded crypto capabilities through a YouHodler partnership, positioning itself as a one-stop licensed infrastructure provider for fintechs, insurers, iGaming operators and crypto businesses across the UK and EU.
Last 12 months
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Product timeline
0
Launched multi-currency business accounts with dedicated IBANs and embedded payments solutions.· banking
0
Became principal member of Visa, Mastercard, and Discover; launched BIN sponsorship card programmes.· card
0
Added embedded crypto capabilities to business accounts, powered by YouHodler.· pivot
2020
Andaria founded; began operations as a licensed EMI/payment institution serving B2B clients.· banking
Regulated entities
2
regulatory licences held by Andaria
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
5 layers disclosed in Andaria’s embedded-finance stack
Payments / PSP
Andaria Payments (self-operated)
Banking / BaaS
in the full report
Card issuing
in the full report
FX & payouts
in the full report
Crypto
in the full report
Accounting gap: significant
5 more providers across 4 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.