providing global digital currency platform Monerium EMI ehf. (Iceland) is an electronic money institution authorized and regulated by the Financial Supervisory Authority. Monerium EMI is focused on providing global digital currency platform. The company offers EURe e-money tokens, web3 wallets, IBAN accounts, SEPA transfers, instant transfers between bank accounts and web3 wallets to private individuals, legal entities. In 2023 Monerium EMI ehf. had total assets of 1,996.43 mln ISK, and generated net income of -2,202,225.00 ISK.
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, Monerium EMI ehf. is assigned the overall rating 3.01 (average) which is explained in details below.
| Operating Environment | Moderately Friendly | (3.29) |
| Product Range | Focused | (2.29) |
| Market Niche | Average | (3.05) |
| Company Background | Poor | (2.36) |
| Customer Support | Poor | (1.92) |
| Customer Sentiment | Average | (2.77) |
| Transparency | Average | (3.39) |
| Overall Rating | Average | (3.01) |
|---|
TheBanks.eu has also identified the following pros and cons of the company:
Monerium EMI do not deal with cryptocurrencies, however it will issue fiat denominated e-money on blockchains.
| thn ISK | 2022 | 2023 | change (%) |
|---|---|---|---|
| Total Assets | 302,548.00 | 1,996,432.20 | +559.87% |
| Net Income | -21,591.00 | -2,202.23 | -89.80% |
| Rank | Name | Market % | Total Assets |
|---|---|---|---|
| 1 () |  Rapyd Europe hf. | 96.64 % | 57,457.23 mln ISK (+831.85%) |
| 2 () | Monerium EMI ehf. | 3.36 % | 1,996.43 mln ISK (+559.87%) |
Iceland
Monerium EMI ehf. is authorized by the Financial Supervisory Authority as a e-money institution for issuance of electronic money.
Monerium EMI ehf. 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, Monerium EMI is required to safeguard its customers’ money.
Monerium EMI has not applied for EEA passporting yet.
Lækjargötu 2, Reykjavík, Iceland
EnglishMonerium EMI has profiles on the following social networks:
United Kingdom
Malta
Netherlands
Netherlands
Cyprus
Italy
