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Emerchantpay

Can a full-stack PSP and acquirer built for high-risk verticals become the complete payments infrastructure layer — covering acquiring, open banking, instalments, and merchant capital — for mid-market merchants globally?

Founded2002
HQLondon, UK
IndustryInfrastructure / Payments
The story

Founded in 2002, emerchantpay built its reputation as a full-stack PSP and acquirer focused on high-risk verticals including iGaming. The company holds an FCA Authorised EMI licence and is a Visa and Mastercard Principal Member with in-house acquiring capabilities. It has progressively layered open banking payments (via TrueLayer), instalment capabilities (Visa Instalments), and merchant capital/terminal financing (Propel) onto its core payment gateway (Genesis), evolving from a pure-play PSP toward a broader payments infrastructure provider for mid-market and enterprise merchants globally.

Last 12 months
2024-06
2026-02
2026-05
Product timeline
2002
Founded as a payment service provider and acquirer focused on high-risk and online merchant segments.· pivot
2024
Announced strategic partnership with TrueLayer to offer open banking bank-transfer payments across UK and Europe.· banking
2026
Integrated Visa Instalments Solutions (VIS) into its platform for UK merchants, enabling instalment payments at checkout.· lending
2026
Announced strategic partnership with Propel to finance card payment terminals for merchants.· lending
Regulated entities
EMI (Authorised Electronic Money Institution)
UK FCA
emerchantpay Ltd
The stack
Payments / PSP
emerchantpay Genesis Gateway (self-operated)
Lending
Card payment terminal financing (via Propel)Merchant Cash Advance / Working Capital (own product, in-house or via partner)
Open banking
TrueLayer
Accounting gap: minor