“Can a compliance-first, multi-currency payments and crypto-settlement platform capture the global 'high-risk' business banking market that traditional banks refuse to serve?”
Founded in 2017 as a crypto OTC desk for high-risk and institutional clients, ONE.io pivoted in 2019–2020 to address its customers' banking and settlement pain points by acquiring an FCA PI license and building a proprietary global payments platform. The company then expanded from pure payments into a full-suite model combining multi-currency business accounts, spot FX, and crypto trading under a unified group brand. Its client base remains concentrated in sectors underserved by traditional banks — iGaming, VASPs, and digital asset businesses — where ONE.io positions itself as a high-service, compliance-first alternative.
ONE.io discloses ClearBank as its banking provider, with Sureswipe PLC (Electronic Money Institution, Central Bank of Cyprus, authorisation 115.1.3.26) as its sponsor bank, according to the Embedded Finance Index 2026.
ONE.io does not disclose a bank charter of its own; its banking services are provided through Sureswipe PLC (Electronic Money Institution, Central Bank of Cyprus, authorisation 115.1.3.26).
ONE.io processes payments through ONE.io Connect (self-operated).
ONE.io uses ONE.io Connect (self-operated) for FX and cross-border payouts.
The Embedded Finance Index 2026 maps 4 layers in ONE.io's stack: Payments / PSP (ONE.io Connect (self-operated)); Banking / BaaS (ClearBank); Sponsor bank (Sureswipe PLC (Electronic Money Institution, Central Bank of Cyprus, authorisation 115.1.3.26)); FX & payouts (ONE.io Connect (self-operated)).
ONE.io is founded in 2017 and headquartered in United Kingdom (with entities in Cyprus, BVI, and Canada).
Get a read on where your own stack stands against ONE.io 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.