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ONE.io

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?

Founded2017
HQUnited Kingdom (with entities in Cyprus, BVI, and Canada)
IndustryFintech / Cross-border payments
The story

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.

Last 12 months
2025-06
2024
Product timeline
2017
Founded as an OTC digital asset trading desk serving HNWIs, corporates, and institutional clients globally.· pivot
2020
Acquired Payment Institution (PI) license from the UK FCA, marking pivot from crypto OTC to regulated payment services.· banking
2021
Launched proprietary multi-currency business payments platform (ONE.io Connect) with global payment rails and spot FX.· banking
2024
Rebranded into three pillars: ONE.io (group), ONE.io Connect (payments/FX), and ONE.io Fusion (crypto trading and gateway).· pivot
2025
Launched ONE.io Fusion crypto trading platform and crypto payment gateway, enabling crypto-to-fiat settlement for business clients.· banking
Regulated entities
Payment Institution (PI) license
UK FCA · 2020
One.io UK Limited
Electronic Money Institution (EMI)
EU (Cyprus)
One.io Cyprus Limited (via Sureswipe PLC, authorisation number 115.1.3.26)
MSB (Money Services Business)
Canada
One.io Canada MSB Limited
The 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)
Accounting gap: significant