London Fintech Company Merge Obtains Dual Licenses in France, Can Provide Cross-Border Fiat and Stablecoin Payment Services

London fintech company Merge has received approval from French regulators ACPR and AMF to become an Electronic Money Institution (EMI) and Virtual Asset Service Provider (VASP). This enables Merge to offer cross-border payment services within a compliance framework, combining traditional fiat currency with blockchain stablecoin transfers.

Through a single API, Merge offers a variety of services, including multi-currency accounts, real-time payments, SWIFT connectivity, named sub-accounts, and foreign exchange capabilities. Businesses can leverage its platform to efficiently handle global invoice settlements, repatriate revenue, or pay supplier fees in local currency.