SPI vs API vs EMI: what each licence is worth to a buyer
SPI vs API vs EMI compared for buyers: the €3m SPI cap, API and EMI capital, safeguarding, FCA change in control and…
Payment volume is not the whole deal: why buyers pay for capability
Three payment deals show why buyers look beyond volume to contracts, customers and capabilities they cannot reproduce quickly.
Will agentic AI make your payment institution worth more? Not by itself.
A vendor white paper published on 6 August 2026 says agentic AI is remaking cross-border payments. It is probably right about the…
The fraud-liability discount on UK payment firms just got smaller
On 1 July 2026 the Payment Systems Regulator published an independent review of the Authorised Push Payment fraud reimbursement rules. It changes…
Selling a cross-border payments business: what now sets the price
If you are selling a cross-border payments business in 2026, the thing a buyer pays for has changed. For years, speed sold.…
What a payment firm is worth: the lesson in a $625m deal
Most SPI and API owners set their asking price on two things: last year’s revenue and a growth story. That is not…
Buying a UK payment institution in 2026: what buyers actually pay for
When you buy a UK payment institution, you are not mainly buying its revenue. You are buying its FCA permission and what…
What two June failures tell SPI and API owners about the real value of an FCA licence
Two FCA-regulated payment firms lost the ability to operate within a week of each other. For anyone buying or selling an SPI,…
The licence is the asset: what a clean SPI or API authorisation is worth in 2026
The most valuable thing in a UK payment firm sale is often the part that does not show up in the accounts.…
Valuing UK Fintech Startups: A Guide for MSB Owners
As a Money Service Business owner in the UK's dynamic fintech landscape, understanding how to properly value early-stage fintech companies is crucial…