Euronet 360 Finance Limited (United Kingdom) is an electronic money institution authorized and regulated by the Financial Conduct Authority. Euronet 360 Finance is focused on prepaid payment processing for retailers. The company offers point of sale, prepaid store gift center, mobile top-up, mobile wallet to business entities. In 2023 Euronet 360 Finance Limited had total assets of 526.10 mln EUR, and generated net income of 13.56 mln EUR. During 2023 the company had 181 employees in average.
13 August 2024, by Anna Mileiko
TheBanks.eu has developed a proprietary methodology to assign ratings to payment institutions based on their operating environment, company background, business model, market niche, product range, transparency, customer support and customer sentiment. According to the methodology, Euronet 360 Finance Limited is assigned the overall rating 2.80 (average) which is explained in details below.
Operating Environment | Very Friendly | (4.81) |
Product Range | Focused | (2.29) |
Market Niche | Narrow | (2.29) |
Company Background | Very Strong | (4.39) |
Customer Support | Poor | (1.92) |
Customer Sentiment | n/a | |
Transparency | Average | (3.05) |
Overall Rating | Average | (2.80) |
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TheBanks.eu has also identified the following pros and cons of the company:
Euronet 360 Finance is neither registered with the Financial Conduct Authority (FCA) as a crypro asset firm, nor offers any crypto assets services.
From January 2020, firms carrying out specific cryptoasset activities in the United Kingdom need to comply with the amended Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 (MLRs) and to register with the FCA.
Euronet 360 Finance Limited is not registered with the FCA as a crypro asset firm.
Euronet 360 Finance do not offer crypto assets services.
thn EUR | 2022 | 2023 | change (%) |
---|---|---|---|
Total Assets | 512,571.00 | 526,098.00 | +2.64% |
Turnover | 257,006.00 | 279,762.00 | +8.85% |
Gross Profit | 108,162.00 | 103,201.00 | -4.59% |
Net Income | 45,076.00 | 13,558.00 | -69.92% |
Rank | Name | Market % | Total Assets |
---|---|---|---|
9 (-3) | Allstar Business Solutions Limited | 2.95 % | 620.95 mln GBP (-12.28%) |
10 (-2) | Euronet 360 Finance Limited | 2.15 % | 453.34 mln EUR (-35.47%) |
11 (+6) | CB Payments Ltd | 2.05 % | 431.94 mln EUR (+23.18%) |
Euronet 360 Finance Limited is authorized by the Financial Conduct Authority as a e-money institution (reference number 900009) for issuance of electronic money, placing cash to a payment account, withdrawing cash from a payment account, execution of payment transactions on a payment account (not covered by a credit line), execution of payment transactions on a payment account (using a credit line), issuing payment instruments or acquiring payment transactions, money remittance, execution of payment transactions via telecoms, IT system or network operator, granting of credit related to execution of payment transactions on a payment account; the authorization was granted on 18 May 2018.
Euronet 360 Finance Limited is not a bank, it can't collect deposits from public or loan out its clients’ money. Hence, it does not have to participate in deposit guarantee schemes. However, Euronet 360 Finance is required to safeguard its customers’ money.
Since January 2021, Euronet 360 Finance Limited can not conduct its activities in EEA member states.
Euronet 360 Finance Limited is a SWIFT member.