EML Payments

EML Payments is a financial technology company specializing in secure and instant payment solutions across North America, Europe, and Australia. The company develops infrastructure that enables customers to facilitate and accept payments through prepaid cards and real-time transactions. EML Payments generates revenue primarily by charging fees on payment transactions, as well as from breakage, inactive accounts, cash establishments, and interest on debit volumes. Its diverse range of payment solutions serves various applications, including payouts, gifts, incentives, rewards, and supplier payments. The company operates in three key segments: gift and incentive, general purpose reloadable, and digital payments, catering to a wide array of client needs.

Tom Cregan

Managing Director and Group CEO

5 past transactions

Sentenial

Acquisition in 2021
Sentenial is a prominent provider of advanced payment services that caters to businesses and banks across Europe. Initially focused on offering direct debit support to Irish businesses, the company has expanded its operations to serve thousands of customers throughout the continent. Sentenial's cloud-based payment management platform facilitates the origination and receipt of payments, harnessing next-generation payment applications to streamline account-based payments and enhance the open banking experience. By simplifying the complexities associated with online payments, Sentenial enables its clients to efficiently manage their payment processes and take full advantage of Automated Clearing House (ACH) payment benefits.

Nuapay

Acquisition in 2021
Nuapay is a pioneer of Open Banking and the industry’s leading Account-2-Account payment environment. Building upon the trust, scale and experience of their parent company Sentenial – who securely process over €42bn every year as an outsourcing provider to many of the world’s leading Banks – they have worked tirelessly to reinvent what’s possible from a modern banking and payment solution. Sentenial was founded by their CEO, Sean Fitzgerald in 2003. Today, they offer partners all around Europe a fully comprehensive, integrated payment solution that removes all traditional banking inefficiencies and unnecessary costs, saving time, money and resources at every turn. This is banking as it should be.

Prepaid Financial Services Limited (PFS)

Acquisition in 2019
Prepaid Financial Services is a payments technology specialist offering a comprehensive range of e-money and banking solutions including e-wallets, physical and virtual prepaid cards and current accounts in the UK and the Eurozone. Authorised and regulated by the FCA in the UK, PFS has passported its e-money license across the SEPA region to enable card issuance throughout the region.

PerfectCard DAC

Acquisition in 2018
PerfectCard DAC, incorporated in 2006 and based in Greystones, Ireland, specializes in developing incentive management software. The company operates as an authorized eMoney institution, offering incentive and corporate expense solutions that are regulated by the Irish Central Bank. As of July 4, 2018, PerfectCard DAC became a subsidiary of EML Payments Limited.
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