Our story
ArcaPay started as a simple service for friends. Over time the business evolved as we carefully tailored our offering for small and medium sized companies. The timeline below shows some of our most important milestones
ArcaPay started as a simple service for friends. Over time the business evolved as we carefully tailored our offering for small and medium sized companies. The timeline below shows some of our most important milestones
Joined the Electronic Money Association
Bank of Lithuania granted a Payment Institution licence to ArcaPay UAB
Incorporation of ArcaPay UAB, an EU subsidiary of ArcaPay Ltd
Became a member of Business Network International in Lithuania
First publicly listed company become a client
Granted re-authorisation by the FCA under the revised Payment Services Directive (PSD2)
FX forwards were added to our product offering
First payment processed outside the European borders
A suite of tools for business made available to clients
Expanded our offering to all 19 euro zone countries
Joined the global Think Rise (now Rockit) fintech network
Regulatory status upgraded to the Authorised Payment Institution
First inclusion in the World Bank ranking as the top provider
Granted the Small Payment Institution licence by the Financial Conduct Authority
Obtained the permission from HM Revenue & Customs to act as a money remitter
Founded in London, UK
Serving clients since 2011
Using secure and regularly audited technology with advanced data encryption