European Payments Council Grants SEPA Participant Status to Fintech Currenxie

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Currenxie, the global financial platform for borderless businesses, today announced that it has been officially granted Single Euro Payments Area (SEPA) Participant status by the European Payments Council (EPC). Currenxie joins a select group of international financial institutions with direct access to SEPA, becoming one of the few fintech platforms to complete the adherence process with the EPC and be granted SEPA Participant status. The majority of financial institutions access the European network via indirect banking arrangements through partners which can introduce unnecessary barriers and impact payment reliability and delivery times.This milestone integration grants Currenxie direct operational control over its Euro payment corridors demonstrating its continued rapid growth trajectory and ultimately enhancing its client offering.Direct integration into core European payment rails ensures SEPA Instant clearing in under 10 seconds, providing clients with native euro International Bank Account Numbers (IBANs) to grant greater control over operations and enable simple, fast and secure payments.Businesses using Currenxie’s platform for international payments and treasury management will see three key benefits to operations as a result of the new status:Enhanced operational control & resilience: Direct access to SEPA allows Currenxie to bypass indirect banking, boosting resilience and payment reliability while enhancing security via embedded Verification of Payee.Uninterrupted SEPA Instant clearing: Secure transactions settled in under 10 seconds, in strict compliance with EPC SEPA rules, to enhance cash flow oversight.Streamlined direct account to account access: Offers direct access to IBANs so SMEs can enhance cross-border payment options and improve deliverability.Sam Coyne, CEO - Europe at Currenxie, explains: “Direct SEPA access enables Currenxie to offer our own native euro IBANs and enhance our end-to-end control of the payments process, upholding our exceptional service standards to our clients. As one of the few fintech platforms with direct access, we can remove a typical intermediary layer, which can introduce unnecessary barriers and disrupt payment flow.   “The granting of SEPA Participant status by the European Payments Council is a proud milestone that reflects Currenxie’s technical and regulatory maturity as we enter new markets and continue to develop our client offering to support SMEs operating globally to achieve their growth goals.”Currenxie launched its multi-country, multi-currency business account across the European Economic Area (EEA) in Q2 2026, following its UK launch earlier in the year. The company now serves over 15,000 clients across 100 countries. Currenxie now surpasses $6 billion in annual payment volume - the total value of funds processed grew by 23% year-on-year in 2025 - and continues to redefine how SMEs move and manage money globally. Since launch, Currenxie has transferred over $18 billion for merchants in key markets across Europe, Asia and North America.NoYesInfrastructure16 Jun, 2026