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Online Payment Platform (OPP) Expands Its Offering and Obtains EMI License in the UK
Online Payment Platform Ltd (OPP), a specialised payment service provider for platforms and marketplaces is regulated by the Financial Conduct Authority (FCA) as an Electronic Money Institution (EMI). Under the EMI license, OPP is expanding its capabilities to facilitate C2C, B2C and B2B payments for platforms and marketplaces in the UK. To add to its already impressive offering including multi-split payments, escrow solution, a seamless onboarding experience, dispute handling and automated mediation, the EMI license now allows OPP to offer a wallet solution giving users an even more seamless payment experience.
OPP plays a pivotal role in enabling UK platforms to expand their operations into Europe, while also supporting European platforms in entering the UK market. By leveraging these connections, OPP provides businesses with genuine cross-border capabilities, allowing them to seamlessly navigate the complexities of international expansion.
“I’m thrilled to embark on this new phase in our growth journey”, says Maurice Jongmans, Non-Executive Board Member of OPP. “For over a decade, we have been fully focused and committed to helping our partners maximise their potential with payment solutions designed to cater to the needs and dynamics that are specific to platforms, marketplaces and trading merchants and consumers. I’m excited to continue our path with OPP UK and unlock the numerous opportunities we see in the market.”
Steve Lavington, Commercial Director at OPP Ltd, said: “I’m delighted that UK marketplaces and platforms have access to our unique platform and services which support them in providing their users with extensive payments methods and advanced features. The EMI license allows OPP to add to its product stack with a much-demanded wallet solution, users will be able to receive and store funds for future purchases. 2025 Sees a packed calendar of events and opportunities to speak to platforms and marketplaces across all verticals.”
OPP Ltd’s Executive Board consists of Steve Lavington as Commercial Director, John Carr as Chief Risk Officer and Jorrit Koop as Chief Financial Officer.
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