“Can a small EU-licensed EMI become the default white-label rail for euro accounts + a MiCA-compliant euro stablecoin?”
Founded in 2020 as Ambr Payments — a Lithuanian EMI serving B2B clients with complex structures and non-EU UBOs that mainstream banks declined. Rebranded to Newrails and layered a Czech VASP license and Lithuanian CASP authorisation on top of the original EMI, moving upstack into embedded finance infrastructure. The current pitch is white-label euro IBANs, SEPA settlement and EURW (MiCA-compliant euro stablecoin) delivered as a BaaS stack where Newrails carries the licence, safeguarding, KYC/KYB and reporting.
Newrails discloses Newrails UAB (in-house) as its banking provider, according to the Embedded Finance Index 2026.
Newrails does not disclose a bank charter of its own; its banking services are provided through Newrails UAB (in-house).
Newrails processes payments through Newrails (self-operated). Disclosed money-movement rails: SEPA.
Newrails's crypto products run on Newrails (in-house).
The Embedded Finance Index 2026 maps 4 layers in Newrails's stack: Payments / PSP (Newrails (self-operated)); Money movement (SEPA); Banking / BaaS (Newrails UAB (in-house)); Crypto (Newrails (in-house)).
Newrails was founded by John Eyres and is founded in 2020, headquartered in London, United Kingdom.
Get a read on where your own stack stands against Newrails and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.