← State of Embedded Finance 2026

Confirmo

Can a decade-old crypto payment gateway, newly dual-licensed in Ireland under MiCA and the Payment Services Directive, become the compliance-first global infrastructure layer for stablecoin money movement for enterprise merchants?

Founded2014
HQPrague, Czech Republic (Confirmo Group); Dublin, Ireland (Confirmo Limited)
IndustryFintech / Crypto
The story

Founded in 2014 in Prague as BitcoinPay, Confirmo began as a simple Bitcoin/Litecoin payment gateway during the early crypto adoption wave. Over the following decade it evolved into a comprehensive stablecoin payment infrastructure platform, rebranding as Confirmo and expanding its product suite to cover checkout, payouts, global payroll disbursements, and stablecoin settlements. The company pivoted from a crypto-native payments niche to targeting enterprise and B2B merchants seeking regulatory-compliant, stablecoin-denominated financial rails as MiCA reshaped the European market. In 2026, with dual licensing (MiCA CASP + Payment Institution) in Ireland, Confirmo is positioning itself as the compliance-first global infrastructure layer for stablecoin money movement.

Last 12 months
2025-12
2026-04
2026-05
Product timeline
2014
Founded in Prague as BitcoinPay, processing Bitcoin and Litecoin payments in partnership with European crypto exchange Coinmate.· pivot
2024
Rebranded from BitcoinPay to Confirmo, repositioning as a stablecoin-first financial infrastructure platform for global businesses.· pivot
2025
Obtained MiCA Crypto-Asset Service Provider authorisation from the Central Bank of Ireland in December.· banking
2026
Obtained Payment Institution licence from the Central Bank of Ireland, gaining EEA passporting rights.· banking
2026
Appointed Derek Corcoran as CEO of Confirmo Limited, Brendan Nuessle as VP of Sales, and Ritesh Patel as CPO to lead European and US expansion.· pivot
Regulated entities
MiCA Crypto-Asset Service Provider (CASP)
Ireland (Central Bank of Ireland) · 2025
Confirmo Limited
Payment Institution
Ireland (Central Bank of Ireland) · 2026
Confirmo Limited
The stack
Payments / PSP
Confirmo (self-operated)
FX & payouts
Paxos
Crypto
CirclePaxos
Accounting gap: significant