iGaming Payment Solutions
FinXP Review
Is It the Right Account Provider for Your iGaming Business?
A Maltese EMI that built its book on the companies Maltese banks turned away, and the only account provider in this section with a tier-one operator willing to put its name to the relationship.
Naxxar, MaltaQuick Info
- Type
- E-money institution
- Class
- Own license
- Regulator
- Malta Financial Services Authority
- License
- PWO
- HQ
- Naxxar, Malta
- Pricing
- On request
Our Verdict: Should You Bank With FinXP?
Final assessment for iGaming operators, studios and affiliates
Tier 1: register-verified, gambling stated on its own site, and a named operator client
Summary
FinXP issues euro IBANs in the client's own name, clears SEPA as a direct CENTROlink participant, and has carried regulated iGaming operators since it opened in 2015. Kindred Group's head of payments vouches for a relationship that started in 2018, which no other account provider in this section can match. The limits are the currency and the price list: accounts are euro only, multi-currency payouts run through a separate product, and there is no rate card, so every operator negotiates from zero.
Strongest Point
Evidence and infrastructure. FinXP is a licensed e-money institution in its own right, not an agent, with direct SEPA clearing and a Mastercard principal membership, and Kindred Group has been a client for eight years. For a licensed operator that needs a European settlement account a bank will not open, that combination is as solid as this market gets.
Key Limitation
Euro only. An operator settling in GBP, SEK or USD gets a payout product rather than an account in that currency, and pricing stays undisclosed until the compliance file is done. The accepted license list is also unstated, so an offshore-licensed operator has no way to know in advance whether the door is open.
Recommendation
Use FinXP as the euro settlement and supplier-payment account for a licensed European operation, and ask for the fee schedule and the accepted-license list before you send the KYB pack. If most of your flows sit outside the euro, pair it with a multi-currency provider from this section rather than routing everything through FinXP PLUS.
Pros
- Own MFSA e-money license since 2015, EU passport, direct CENTROlink participant
- Dedicated euro IBAN in the company's name, not a pooled or virtual reference account
- Kindred Group has been a client since 2018, with its head of payments on record
- Affiliates served as a distinct client type, with batch payouts
- No EU entity required to open an account
Cons
- Euro accounts only; other currencies go through a separate payout product
- No published pricing
- No statement of which gambling licenses are accepted
- Two Trustpilot reviews, too few to read anything into
Ready to open the conversation with FinXP?
Gambling Policy, in the Provider's Own Words
What the company itself says about serving iGaming, and how we read it
“We started as a European payments business serving companies that traditional banks found difficult to categorise: regulated iGaming operators, FX brokers, digital asset firms and cross-border merchants.”
Our reading
iGaming is a founding market, named on the about page and inside the IBAN product FAQ, with affiliates called out separately.
Licenses named as accepted
Client types named
License, Read in the Register
Entity, license type and number as the regulator prints them, with the date we read the entry
| Regulator | Entity | Type · number | Status | Read |
|---|---|---|---|---|
| Malta Financial Services Authority | FINXP LIMITED | E-money institution · PWO | Financial Institution, Licence Authorised (e-money issuance and payment services 2(a) to 2(e), including acquiring and issuing; EU passport) (since Jul 14, 2015) | Sep 1, 2026, register page |
- Legal entity
- FinXP Limited, C 65783
- Headquarters
- Naxxar, Malta
- Founded
- 2014
- Class
- Own license
Safeguarding of client money
Client funds are kept apart from FinXP's own funds at regulated credit institutions and are never lent out.
The Account
What the operator actually gets on the account, and what it costs to open
| Feature | Status | Details |
|---|---|---|
| IBAN in your company's name | Available | Dedicated account, not a pooled reference |
| SEPA | Available | SEPA Credit Transfer, SEPA Direct Debit, CENTROlink direct participant |
| SEPA Instant | Not available | Not stated by the provider |
| SWIFT | Available | EUR accounts only; payouts in 60+ currencies to 130+ countries through FinXP PLUS |
| Cards | Available | Corporate cards on the account |
| API | Available | Programmatic access to payments and reporting |
| Bulk payouts | Available | Batch payments for affiliates and suppliers |
| Crypto or stablecoins | Not available | None on the account |
| Card acquiring as well | Available | Hybrid: the cashier side is rated in the PSP catalog, not here |
Onboarding
- Non-EU companies
- Yes
- Time to open
- Not stated
- Licenses named
- Not stated
Pricing, on request
No rate card anywhere. Fees are quoted after the compliance review.
Named Clients and Reputation
Who vouches for the provider on the record, and what its own customers say
Named iGaming clients
- Kindred Group first-partyTestimonial from Mickael Marceau, Head of Payments at Kindred Group plc, on finxp.com/about-us: partnership running since 2018.
Reputation
2 reviews, 0% one-star, read Sep 1, 2026. Too few to carry any weight.
Not to be confused with: Finaro (formerly Credorax) is a different Maltese licensee that shows up next to FinXP in search results.
Frequently Asked Questions
3 questions about FinXP
No. FinXP is an electronic money institution licensed by the MFSA in 2015 and passported across the EU. It clears SEPA directly as a CENTROlink participant and holds client funds at regulated credit institutions, but it is not a credit institution itself.
Yes. Regulated iGaming operators were part of the original client base, and affiliates are served as a separate client type. Which licenses qualify is not stated publicly, so ask before you apply.
There is no public rate card. Fees are quoted after the compliance review, so budget for a negotiation rather than a price list.