TransactPay
“Can a regulated European EMI BIN-sponsor become the licensing rail underneath every embedded-finance and card-issuing program in the UK and EEA?”
HQGibraltar
IndustryInfrastructure / BaaS
The story
TransactPay (Transact Payments Limited) is a Gibraltar-based EMI providing BIN sponsorship, e-money licensing, and virtual account services across the UK and EEA. It operates a sister Maltese EMI (TPML) under MFSA. In February 2025 Marqeta announced its acquisition of TransactPay to deepen its European card-issuing footprint. A separate Nigerian payment gateway also branded 'Transactpay' (transactpay.ai) appears in evidence but is a distinct entity.
Product timeline
2025
Marqeta announces acquisition of TransactPay to strengthen card program management in UK and Europe.· acquisition
Regulated entities
2
regulatory licences held by TransactPay
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
Same company
TransactPay was analysed under more than one name on the same domain, so its stack is split across these dossiers. Each was analysed independently and may name providers the others do not.
The stack
3 layers disclosed in TransactPay’s embedded-finance stack
Payments / PSP
BIN Sponsorship (self-operated)Virtual Accounts (self-operated)
Banking / BaaS
in the full report
Card issuing
in the full report
Accounting gap: none
2 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.