Checkout.com acquires Blue EMI, a licensed issuer of euro stablecoins, and establishes Lithuania Technology Centre
Checkout.com, a leading global digital payments provider, today announced the acquisition of Blue EMI, a regulated electronic money institution authorised to issue euro stablecoins. At the same time, the company is establishing a new technology centre in Lithuania, reinforcing its commitment to European innovation and creating high-skilled jobs in one of the EU’s leading fintech hubs.
Blue EMI is authorised by the Bank of Lithuania to provide payment services and issue euro-backed stablecoins designed for institutional use cases. The company specialises in providing open banking services, embedded payment checkout solutions and card payments to e-commerce businesses and licensed crowdfunding platforms.
The new innovation hub in Vilnius will foster innovation, cross-border collaboration, and drive local job creation. Lithuania has a forward-thinking regulatory landscape, a deep pool of fintech talent for technical and compliance roles, and it offers fintechs direct access to the SEPA payment system via CENTROlink. Checkout.com’s investment cements Lithuania’s position as a global fintech hub.
“Europe has set the global pace for the evolution of digital money, creating a framework that allows innovation to thrive with trust”, said Guillaume Pousaz, Founder and CEO of Checkout.com. “Our acquisition of Blue EMI is a strategic investment in the European fintech ecosystem. This move, alongside the new Vilnius hub ensures we continue to drive the high-skilled innovation required to keep our customers ahead in a rapidly evolving global digital economy”.
“This deal marks an exciting new chapter”, commented Vytenis Morkūnas, CEO of Blue EMI. “Our mission has always been to bridge future financial infrastructure with today’s trusted global systems. With Checkout.com’s global reach and market expertise, euro-backed stablecoins can become a scalable, trusted tool for enterprise merchants across Europe and beyond.”
“Checkout.com’s decision to establish an innovation centre in Lithuania reflects the strength and depth of our fintech ecosystem”, said Edvinas Grikšas, Minister of the Economy and Innovation. “When a company trusted by the Financial Times, Sony, and some of the world’s largest digital platforms chooses Lithuania, it sends a clear message: this is where serious fintech happens.”
All relevant regulatory approvals have been obtained.