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Main Activities

The main activity of Newrails UAB is the provision of financial technology services as an electronic money institution (EMI) and licensed currency exchange operator in Lithuania. The company offers a full range of financial products and services, including:- Online payment services (similar to PayPal, Stripe, Skrill, etc.)- Issuance and management of electronic money- Currency exchange operations- Cross-border and international payment solutions- Loans and deposit plans (term deposits, pension plans)- Money transfers between Newrails UAB accounts or to other banks- Strategic advice in finance, wealth management, investment banking, and corporate banking services (mergers and acquisitions, structured finance, capital management, etc.)Newrails UAB serves an international market, covering more than 40 countries, and targets both individuals and businesses and institutions seeking modern payment solutions, digital banking services, currency exchange operations, or the integration of stablecoins and programmable money into their financial flows. The company emphasizes security, regulatory compliance, currency diversity (over 150 currencies handled), and personalized support for its clients worldwide.

History

Newrails UAB is a Lithuanian financial technology company, formerly known as Ambr Payments UAB. It operates as a licensed Electronic Money Institution (EMI) and currency exchange operator in Lithuania, with the SWIFT code VEPALT21XXX. The company stands out for its mission to connect traditional finance with programmable money and stablecoins, thus facilitating global payments and cross-border services.

Key stages of its development:

  • Creation and evolution: The company was founded under the name Ambr Payments UAB before adopting the name Newrails UAB. This name change marks a strategic shift towards a broader range of digital financial services.
  • Licenses and regulation: Newrails UAB holds licenses from the Bank of Lithuania and the Estonian Financial Supervision Authority (Finantsinspektsioon), allowing it to operate as an electronic money issuer and currency exchange operator, and to offer financial services in several European jurisdictions.
  • Product development: The company offers a comprehensive range of financial services, including online payments (similar to PayPal, Stripe, Skrill, etc.), lending solutions, deposit schemes (pension, term deposit), and domestic and international money transfers. It also integrates stablecoins for programmable payments.
  • International expansion: Newrails UAB serves more than 12 million clients in over 50 countries, with more than 3 billion annual transactions and the management of over 150 different currencies.
  • Partnerships and strategic services: The company offers strategic consulting services, including market analysis, tailored financial strategies, risk management, and regulatory compliance. It supports individuals, businesses, and institutions in their financial operations, mergers and acquisitions, wealth management, and alternative investments.
  • Strategic changes: The transition from Ambr Payments to Newrails UAB was accompanied by a diversification of services, increased integration of blockchain technologies and stablecoins, and expansion into new international markets.

Today, Newrails UAB positions itself as a major player in European fintech, offering innovative and secure solutions for payments, wealth management, investment banking, and business services, while maintaining strong regulatory compliance and a global presence.

Team