Netherlands · Payments & e-money
Fiat Republic Netherlands B.V.
Fiat Republic Netherlands B.V. is a Dutch private limited company based in Amsterdam. De Nederlandsche Bank (DNB) authorises it as an electronic money institution under relation number R190553. The Dutch Authority for the Financial Markets (AFM) authorises it as a crypto-asset service provider under MiCA for the custody, administration and transfer of crypto-assets. It is a subsidiary of the London-based Fiat Republic Ltd. It provides virtual IBAN accounts, fiat payments, FX and e-money tokens to crypto platforms and other businesses, and does not serve consumers. DNB granted the e-money licence in December 2023, and the firm launched its ENEUR and ENGBP e-money tokens in August 2025.
Licences and registrations
Held by Fiat Republic Netherlands B.V. (LEI 724500GVWT7QULV8CR59). 2 entries on 2 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| EBA PSD2 RegisterThe Netherlands Bank | Electronic money institutionE-Money / Stored Value Institution | R190553 | Netherlands | Active | 2023-12-11 | — |
|
Search the register ↗ |
| ESMA interim MiCA register of crypto-asset service providersNetherlands Authority for the Financial Markets (AFM) | Crypto-asset service providerCrypto-Asset Service Provider | 724500GVWT7QULV8CR59 | Netherlands | Active | 2025-08-05 | — |
|
Search the register ↗ |
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
Swift network
Swift’s ISO 9362 BIC directory
Holds no BIC in Swift’s directory.
Its LEI is not mapped to a BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Employees
Not published
Ownership
Group subsidiary
Fiat Republic Ltd
Firm type
Banking as a service
Trades as Fiat Republic
- Ownership
- Fiat Republic Ltd, a venture-backed company registered in England and Wales under number 13466461, is the direct and ultimate parent of the firm.
- Direct parent
- Fiat Republic Ltd ↗, United Kingdom
- Head office
- Strawinskylaan 4117, room 05-116, 1077 ZX Amsterdam, Netherlands
- Company register
- KvK (Dutch Chamber of Commerce) 84625791
- Founders
- Adam Bialy · Paula Steiner
Online
- Websites & references
- fiatrepublic.com ↗
docs.fiatrepublic.com ↗ developer documentation
status.fiatrepublic.com ↗ status page
member.fiatrepublic.com ↗ client sign-in dashboard - Official social accounts
- LinkedIn ↗ · YouTube ↗
Sources · 13 pages consulted
- dnb.nl/en/public-register/information-detail/?registerCode=WFTEG&relationNumber=R190553
- amf-france.org/en/warnings/white-lists/daspcasp/fiat-republic-netherlands-bv
- fiatrepublic.com/
- fiatrepublic.com/eaglenet-e-money-tokens-emts/
- fiatrepublic.com/fiat-republic-becomes-one-of-the-first-players-in-europe-to-offer-regulated-custody-and-a
- fiatrepublic.com/stablecoins
- fiatrepublic.com/security-compliance
- fiatrepublic.com/psd2-fiat-republic
- fiatrepublic.com/group-companies
- fiatrepublic.com/blog/seed-extension-release
- osborneclarke.com/news/osborne-clarke-assists-fiat-republic-acquiring-their-e-money-licence-netherlands-0
- uk.linkedin.com/company/fiatrepublic
- find-and-update.company-information.service.gov.uk/company/13466461
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
DNB authorises the firm as an electronic money institution (R190553), including the issuance of e-money tokens. The AFM authorises it under MiCA as a crypto-asset service provider for custody, administration and transfer services. DNB's register shows the e-money licence passported on a cross-border services basis to the 29 other EEA states since January 2024.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| De Nederlandsche Bank (DNB) Netherlands | Authorisation to carry out the business of an electronic-money institution (PSD2 - Wft 2:10a) | R190553 | In its own name | Active | dnb.nl ↗ |
| Dutch Authority for the Financial Markets (AFM) Netherlands | MiCA crypto-asset service provider authorisation (custody and administration of crypto-assets; transfer services for crypto-assets) | 724500GVWT7QULV8CR59 | In its own name | Active | amf-france.org ↗ |
| De Nederlandsche Bank (DNB) Netherlands | Issuer of e-money tokens under MiCA Title IV (ENEUR, ENGBP) as a licensed electronic money institution | R190553 | In its own name | Active | fiatrepublic.com ↗ |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Partners and safeguarding
Researched 29 Sep 2026 · Sources
- Safeguarding
- Segregated safeguarding accountsThe firm states that funds received for e-money token issuance are held in segregated accounts by Stichting Custodian Fiat Republic on behalf of holders, and DNB's register names this foundation as its third-party account entity under DNB supervision.
- Crypto-asset custody
- Held by the firmThe firm issues the ENEUR and ENGBP e-money tokens on the Algorand blockchain and provides custody, administration and transfer of them. A separate Dutch foundation, Fiat Republic Foundation II, holds the token private keys.
- Safeguarding bank
- Stichting Custodian Fiat Republic Netherlands
- Payment schemes and card networks
- SEPA Instant Credit Transfer Through a partner fiatrepublic.com ↗
SEPA Credit Transfer Through a partner fiatrepublic.com ↗
Swift Through a partner fiatrepublic.com ↗
Faster Payments Through a partner fiatrepublic.com ↗
Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices.
Products and markets
Researched 29 Sep 2026 · Sources
It provides crypto platforms with named virtual IBAN accounts, EUR, GBP and USD payments, FX and treasury tools through a single API. It also issues the ENEUR and ENGBP e-money tokens, which are available only to members of its EagleNet settlement network.
It serves business customers in the EEA under its Dutch e-money licence. Services in the UK, Canada and the US are provided by sister companies of the group.
- Sells to
- Financial institutions · Platforms and marketplaces · Enterprises
- Serves customers in 30 countries
- Netherlands · Austria · Belgium · Bulgaria · Croatia · Cyprus · Czechia · Denmark · Estonia · Finland · France · Germany · Greece · Hungary · Ireland · Italy · Latvia · Lithuania · Luxembourg · Malta · Poland · Portugal · Romania · Slovakia · Slovenia · Spain · Sweden · Iceland · Liechtenstein · Norway
- Latest funding round
- seed extension · USD 7m Dec 2023
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Adam Bialy Founder & CEO (Fiat Republic group)
- Compliance / MLRO
- Paula Steiner Co-founder & Chief Compliance Officer (Fiat Republic group)
- Compliance / MLRO
- Iva Stojanović Head of European Compliance
Recent events
Researched 29 Sep 2026 · Sources
-
Other
The firm launched its ENEUR and ENGBP e-money tokens for members of its EagleNet network.
fiatrepublic.com ↗ -
Licence
The AFM authorised the firm under MiCA to provide custody, administration and transfer services for crypto-assets.
amf-france.org ↗ -
Funding
The Fiat Republic group raised USD 7 million in a seed extension round, with Kraken Ventures, Fabric Ventures, Arca and Inovo Ventures investing for the first time.
fiatrepublic.com ↗ -
Licence
DNB granted the firm an electronic money institution licence under relation number R190553.
dnb.nl ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Identifiers
- Licence no. · EBA-PSD2
- R190553
- Licence no. · ESMA-CASP
- 724500GVWT7QULV8CR59
- BIC
- Holds no BIC in Swift’s directory
- How the LEI was matched
- Published by the register
- Elucidate firm ID
- c74c69f778a8
Profile
- Type
- Payments & e-money · CryptoPayment institutions, e-money and stored-value issuers, and account-information providers. Licensed under payment-services law (e.g. PSD2 in the EU and UK, the Payment Services Act in Singapore). Taken from the licences on the tracked registers.
- Regulation
- Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
- Main licence class
- Crypto-Asset Service Provider
- Activities
- Payment services
- Card acquiring
- E-money / stored value
- Crypto-assets
- Licensed in
- Netherlands · Europe & Central Asia
- First registered
- 2023-12-11
- Website
- fiatrepublic.com ↗
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
- Direct parent
- Fiat Republic LTD · United Kingdom64888DH251UYC5Y8J479 ↗
Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Address on the register
- Strawinskylaan 4117 - room 05-116 - 1077 ZX Amsterdam - The Netherlands, AMSTERDAM, 1077ZX
- Country
- Netherlands
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
This institution holds no BIC. A CBPR+ message identifies it by name and postal address, and may add its LEI or a clearing code.
- Identified by
- Name and postal address, with its LEI
- Postal address
- Hybrid: town, postcode and country in their own elements, the rest in two address lines
<FinInstnId>
<LEI>724500GVWT7QULV8CR59</LEI>
<Nm>Fiat Republic Netherlands B.V.</Nm>
<PstlAdr>
<PstCd>1077ZX</PstCd>
<TwnNm>AMSTERDAM</TwnNm>
<Ctry>NL</Ctry>
<AdrLine>Strawinskylaan 4117 - room 05-116 -</AdrLine>
<AdrLine>1077 ZX Amsterdam - The Netherlands</AdrLine>
</PstlAdr>
</FinInstnId>- The address line repeats the town or postcode. Remove the repeat if your payment system rejects it.
CBPR+ identifies the instructing and instructed agents by BIC only. An institution without a BIC can be the debtor, creditor or an intermediary agent.
The values are as published by the register. Check them against your own records before use.
Sources & method
Register entries come from the public registers of financial regulators, standardised into one taxonomy. LEIs are matched through GLEIF, and a BIC is linked only through a shared LEI.
An institution missing from these registers is not necessarily unregulated.
Register entries are not matched against the OFAC or EU sanctions lists. Where the legal entity also holds a BIC, the matches for that BIC are on its page. Always screen against the official lists.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Registers for this page
- EBA PSD2 Register—European Banking Authority (EBA) · source ↗ as at 25 September 2026
- ESMA interim MiCA register of crypto-asset service providers—European Securities and Markets Authority (ESMA) · source ↗ as at 25 September 2026
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
Assess the financial crime risk behind a licence
A licence records what an institution is authorised to do; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks and payment institutions.
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