Paytently has been granted a Payment Institution (PI) licence by the Malta Financial Services Authority (MFSA), marking what the company describes as a major strategic milestone in its growth within regulated payments.
The licence authorises the specialist payments orchestration platform to provide regulated payment services across the European Union. According to the company, this strengthens its position as a trusted partner for businesses operating in complex and highly regulated sectors by enabling it to deliver end-to-end, fully compliant payment solutions under MFSA supervision.
“This is a defining moment for Paytently,” said Samuel Barrett, Co-Founder and CEO of Paytently. “Receiving our PI licence from the MFSA enables us to build deeper regulatory trust, expand our service offerings, and deliver more innovative solutions to our clients. As the regulatory landscape evolves, we’re proud to be setting the standard for transparency, compliance, and reliability in payment orchestration.”
The approval follows the launch of Paytently Open Banking powered by Mastercard, offering account-to-account payments with instant confirmation and faster settlement. The company states that recent product and regulatory developments underscore its commitment to advancing innovation through both technology and compliance.
Paytently intends to further invest in Malta by expanding its team and infrastructure to support a growing European client base. Launched in 2023, the company currently employs more than 35 people across Malta, Belgium, London, and Portugal, and supports over 80 clients through partnerships with more than 60 acquirers.
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Nicole Zammit
When she’s not writing articles at work or poetry at home, you’ll find her taking long walks in the countryside, pumping iron at the gym, caring for her farm animals, or spending quality time with family and friends. In short, she’s always on the go, drawing inspiration from the little things around her, and constantly striving to make the ordinary extraordinary.