“Can a Norwegian EMI with pan-EU payment rails become the preferred payments and banking infrastructure layer for European FinTechs and cross-border commerce?”
Founded in 2010 in Norway, Settle Group built a pan-EU payments infrastructure enabling instant money transfers for consumers and businesses, obtaining a European EMI license. The company expanded its cross-border capabilities via a partnership with Currencycloud and offered Banking-as-a-Service products to FinTechs. In 2024, Settle Group was acquired by UK-based Sokin, which used the acquisition to gain an EU EMI footprint and integrate Settle's payment rails into Sokin Pay.
Settle Group discloses Settle Group AS (self-operated) as its banking provider, according to the Embedded Finance Index 2026.
Settle Group does not disclose a bank charter of its own; its banking services are provided through Settle Group AS (self-operated).
Settle Group uses Currencycloud for FX and cross-border payouts.
The Embedded Finance Index 2026 maps 2 layers in Settle Group's stack: Banking / BaaS (Settle Group AS (self-operated)); FX & payouts (Currencycloud).
Settle Group is founded in 2010 and headquartered in Norway (Oslo region).
Get a read on where your own stack stands against Settle Group 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.