Paymonade Gets MiCA License to Offer Crypto Services Across EEA

The company's annualized transaction volume run rate stood at $1.8 billion in the first half of 2026, it said. It provides regulated fiat-to-crypto and crypto-to-fiat on-ramp and off-ramp infrastructure for payment providers, fintech companies and cryptocurrency exchanges.

Calvin Cheng, the company's founder and chairman, said in a statement that the license sets Paymonade apart as most crypto firms have not yet obtained one. He added that the next generation of digital asset companies would combine innovation with regulatory compliance.

Milos Winter Bogdanovic, chief executive of Damoon Technology (Europe) AG, said banks, fintechs and exchanges increasingly want one regulated infrastructure partner that can operate across Europe rather than negotiating market-by-market. He said the company is in active discussions with exchanges, fintechs and banks seeking compliant European fiat infrastructure.