Contis
“Can a cloud-native European card-issuing and payments infrastructure provider become the B2B processing backbone for fintechs and challenger banks in the UK and EU?”
HQUnited Kingdom
IndustryInfrastructure / Payments
The story
Contis was a UK/EU payments infrastructure provider offering B2B card issuing, processing, and prepaid card programs to fintechs and program managers. Operating as a Principal Member of both Visa and Mastercard, it powered white-label card programs for clients including Wirex, Plutus, Ffrees, Engage, and Trilogy. It expanded into FX via Currencycloud and opportunistically onboarded Wirecard refugee programs in 2020. The business entered special administration in January 2025, with customer accounts frozen and an insolvency process initiated by Interpath Advisory.
Product timeline
2020
Became a Principal Issuing Member of Mastercard in Europe, expanding card-issuing capabilities.· card
2020
Partnered with Currencycloud to enable FX and international payments across 30+ currencies for over 1 million accounts.· banking
2020
Rolled out quick migration support for Wirecard's customers following Wirecard's collapse.· banking
2025
Contis Financial Services Limited entered special administration (January 2025), ceasing trading; Interpath Advisory appointed as Joint Special Administrators.· pivot
Regulated entities
2
regulatory licences held by Contis
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
4 layers disclosed in Contis’s embedded-finance stack
Banking / BaaS
Contis Financial Services Limited (in-house)
Card issuing
in the full report
Unified APIs
in the full report
FX & payouts
in the full report
Accounting gap: none
3 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.