FinXP has marked its most successful year yet, achieving record turnover, major team growth, and ongoing innovation in payment technology. Eleven years after its founding, the Malta-based fintech remains committed to client-driven solutions and technological advancement.

As 2025 draws to a close, the FinXP team is showing no signs of slowing down. Among other initiatives, FinXP is adding functionality to its FinXP PLUS payment solution, establishing partnerships with trusted cryptocurrency partners, and getting ready to launch its mobile app.

Reflecting on the company’s beginnings, Mr Podewski says: “Right from the beginning, the needs of our clients have driven our solutions. It’s in our DNA to listen to their thoughts, expand our product offering to meet their needs, and foresee upcoming challenges.”

This approach has helped FinXP attract top-tier talent, growing its team to 55 people with two notable additions to its leadership team earlier this year. Further hires are being made regularly to keep up with client demands and the company’s ambitions. “This robust expansion meant we’ve also needed to increase our office space here in Malta to accommodate everyone,” Mr Podewski notes.

This investment in sustainable scaling and technological expertise is already paying dividends. FinXP’s revenue and profit continue to grow, with the company reporting €7.2 million in profit for 2024, a record figure for the company.

FinXP PLUS, a fast cross-border payout solution for payments beyond SEPA, is one of the company’s most exciting recent developments.

“Establishing a partnership with Mastercard was a major milestone for us and has allowed us to expand the range of payout solutions we offer to our clients,” Mr Podewski explains.

FinXP PLUS now supports major currencies including the US Dollar, British Pound, Euros, Japanese Yen, and many others. The UAE Dirham is its latest currency addition, supporting payment flows to important business hubs like Dubai and Abu Dhabi. In addition, the company is evaluating adding Indian Rupee payout services to its offering to meet existing client demand.

“As FinXP PLUS is a critical part of our agenda for 2026, we’re regularly exploring the potential of new payout channels. For example, we’re looking at payouts directly to cards, not just to traditional bank accounts,” says Mr Podewski.

The company is also looking beyond traditional currencies to explore potential payment solutions in the crypto space. Businesses and individuals are already trading more than $140 billion in stablecoins every day, underlining their relevance in today’s digital marketplace. FinXP is currently engaging with licensed and reputable crypto partners to start offering payment solutions that enable clients to send and receive stablecoins, as well as convert them to fiat money.

Another major development within FinXP is the launch of the company’s own mobile app. “Our mobile app for B2B2C services is nearly ready to be launched,” Mr Podewski says. “We believe it could be a game-changer for us and our clients.”

Helping businesses seamlessly embed financial services into their offerings in a streamlined manner is the goal that drives FinXP’s development of its powerful Banking-as-a-Service (BaaS) platform. Expanding its functionality is a priority for the coming year.

Mr Podewski is keenly aware that clients in Europe and beyond will choose the provider whose product best covers their varied needs: “That’s why we’re working to provide a solution that puts every service under one roof, so to speak.”

Already, the BaaS platform allows clients to open EUR-denominated IBAN accounts, send and receive SEPA payments, access physical and virtual Mastercard debit cards, and facilitate fast global payouts for their users.

Clients are able to choose the elements they need and plug them directly into their offering via API integration. As FinXP is looking to expand its BaaS offering, its core benefits, including full regulatory compliance and dedicated support, will remain in place.

“Understanding upcoming changes to compliance and regulatory issues is vital to serving our clients”, Mr Podewski says. To this end, FinXP has built direct relationships with regulatory authorities starting with the Malta Financial Services Authority and extending all the way to European regulators in Brussels. “We believe that it’s important to build and maintain open channels of communication with regulators, which gives us the opportunity to explain the needs of financial institutions and the differences between us and commercial banks.”

“Where compliance and regulation are concerned, we often face the same requirements as banks. Perhaps there are opportunities for a more balanced approach that would encourage further competition between banks and financial institutions such as FinXP,” Mr Podewski explains.

FinXP is working towards greater independence from traditional banks which has seen it establish direct relationships with SEPA clearance schemes, and the company is also targeting SWIFT membership in 2026.

Choosing Malta as its base has proven to be an excellent choice to this end. “Malta is a business-friendly environment where we have built relationships with authorities willing to listen to our and other business needs and engage in open discussion,” Mr Podewski says.

FinXP remains committed to its base in Malta. “We started from here and continue to have a strong client base in Malta,” Mr Podewski asserts. In fact, FinXP is a proud sponsor of this year’s FinanceMalta annual conference, the country’s largest financial services event held in November. The event brings together experts from across the financial industry to discuss the future of financial services in Malta and beyond.

While 2025 has certainly given the FinXP team plenty of reasons to celebrate, the company’s leadership team plans won’t be resting on their laurels. Expanding the functionality of FinXP PLUS and the company’s BaaS platform, exploring the potential of cryptocurrency services, launching its own mobile app, and establishing strong relationships with other financial industry players will keep FinXP on a path of growth in 2026 and beyond.