Groundbreaking news for Danish Fintech Januar

Januar has reached a significant milestone by obtaining a Payment Institution License from the Danish FSA, making them the first payment institute that are allowed to provide operational accounts to crypto companies within Europe.

About the rising company

Former Copenhagen Fintech’s Incubation Program alumni Januar entered the Fintech scene in 2021 - quickly establishing itself as the leading European payment gateway for crypto companies. Januar’s innovative payment account solutions are widely adopted by forward-thinking crypto businesses across the EU, allowing companies to seamlessly accept payments and process payouts while ensuring compliance with regulations and maintaining stable business operations.

Building the financial system of tomorrow

Across Europe, crypto businesses are struggling with accepting payments through their bank – an issue which has led to many not having a bank account at all.

Having secured the groundbreaking license, Januar is now well-positioned to establish itself as the preferred financial services partner for European crypto businesses – a growing industry with an estimated market capitalisation surpassing a trillion dollars, where Januar will meet the increasing demand and provide essential services.

- My message to all the entrepreneurs and innovators is clear: if you are a legitimate European business working with crypto, then Januar is here to provide you with the critical IBAN accounts you need to operate successfully and build the financial system of tomorrow, states co-CEO Simon Ousager.

A Danish success story

- There's a very strong Nordic and Danish story to be told with Januar. First off, we managed to build something extremely fast.  Doing what we do requires a lot of regulatory understanding, and it's been a lot of hard work.

- Throughout this, we've had the support of the Danish ecosystem and talent all along. Having the license from the Danish FSA Finance is a major stamp of approval - Denmark is regarded as a high-trust country and the regulated companies coming out of Denmark are generally held in high regard, and we are super excited to be able to represent the digital assets side of Danish entrepreneurship - continues Simon Ousager.

Moving forward

The Payment Institution License provided by the Danish FSA ensures more commercial potential by looking at the entire European economic area. Januar will continue onboarding customers beyond the Danish borders and keep building their product and organisation.

- The Payment Institution license marks the next chapter for the regulated European crypto industry. It signifies trust in us that we’re among the best in the world at quantifying and managing. We are the first and only payments institute that can do this. We are motivated by the opportunity to help bring trust and reliability to this industry and enable the next generation of crypto founders across Europe, concludes Simon Ousager.

‍