What SEPA Cyber Technologies does

SEPA Cyber Technologies is a private FinTech infrastructure provider operating through SEPA Cyber Tech Group, headquartered in London with primary legal incorporation in Bulgaria (SEPA Cyber Technologies EAD, with Varna and Sofia offices). The company builds and licenses the SEPA CoreX platform, a modular, white-label IT stack delivering core banking, card issuing and management, payment processing (SEPA Connect, SWIFT Connect, IPG), embedded finance and BNPL lending, KYC/KYB/PEP & Sanctions compliance, fiat and crypto exchange, custodial and non-custodial wallets, asset tokenisation, and government-facing solutions such as on-street parking management. The product surface spans FinTech, RegTech, GovTech, CommTech, EduTech, Blockchain, and Other Services, with 5 data centers in 5 countries and 10 offices supporting deployments in 32+ countries across the EU, EFTA, UK, MENA, APAC, US, Canada, and LATAM. SEPA Cyber holds PCI DSS v3.2.1 Level 1, ISO/IEC 27001, ISO 9000, ISO 8583-1:2003, Mastercard SDP Compliant Registered Service Provider, Visa Ready, and Sharia Compliance certifications.

The group operates a multi-brand structure: FinHub (finhub.cloud) is a module marketplace for proprietary and third-party FinTech components; SEPA Cyber Managed Services provides transaction monitoring, fraud detection, and AML/CTF compliance support; IT Run delivers IT outsourcing and outstaffing; D&D Marketing is an in-house creative agency; and Plioex is a maritime industry platform. AI/ML is embedded in specific modules — KYC document reading across 190+ countries, facial recognition with liveness detection, predictive credit scoring, and payment fraud anomaly detection — but the company does not position itself as an AI-native vendor.

Revenue is generated through a mix of enterprise white-label software licensing, professional services and implementation, transaction processing fees (IPG, SWITCH, SEPA Connect, SWIFT Connect, SMS Payments), and blockchain and crypto infrastructure licensing. Distribution is sales-led via direct enterprise engagement, a three-tier channel partner program (Integrators, Developers, Resellers), and the FinHub SaaS marketplace. Pricing is not publicly disclosed and is negotiated per engagement; target buyers are banks, neobanks, EMIs, payment institutions, government agencies, and blockchain/Web3 operators. The company is privately held with no disclosed institutional funding, and disclosed leadership comprises Kostas Birtahas (CEO and Board Member), Sristhi Assudani (COO), and Murat Ilk (CTO).

Name

SEPA Cyber Technologies

Legal name

SEPA Cyber Technologies EAD

Website

https://sepa-cyber.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

501–1,000 employees

Short description

SEPA Cyber Technologies is a private FinTech infrastructure provider offering the modular SEPA CoreX white-label platform — covering core banking, payments, KYC/AML, crypto, and GovTech — to banks, neobanks, EMIs, and government agencies across 32+ countries.

Ownership category

akta.pro rank

Product category

FinTech Infrastructure

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Securities and Commodity Exchanges (523210), Securities and Commodity Contracts Intermediation and Brokerage (5231), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Services-Consumer Credit Reporting, Collection Agencies (7320)

akta.pro primary industry

Risk, Compliance & Controls for Embedded Finance (KYB/KYC/AML, Fraud, Disputes) (FSAGALAK)

akta.pro secondary industries

Transaction Screening, Sanctions & Compliance Controls (FSAPAJAE), Regulatory Reporting, Tax & Audit Trails (reconciliation, provenance) (FSAPAJAI), Tokenized Collateral & On-Chain Credit Infrastructure (Collateral Mgmt, Liquidations) (FSAGAMAK), Client Reporting Gateways & Connectivity Providers (Submission/Message Translation) (FSAFAJAG), Fintech & Payments Partner / ISO Referral Networks (FSAEAMAK)

Keywords

• White-label banking platforms
• Payment processing software
• Blockchain infrastructure
• Regulatory compliance solutions
• Embedded finance platforms

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Enterprise Software Licensing (White-Label Platforms): SEPA Cyber generates revenue through licensing its white-label, turnkey modular platforms to banks, neobanks, EMIs, and financial institutions. Solutions are deployed as branded platforms with full customization, implying recurring licensing fees tied to deployment scope and volume.
2. Professional Services & Implementation: Revenue derived from consulting, implementation, and integration services for digital transformation, EMI licenses, card scheme compliance, and bespoke deployments. Services include onboarding, transaction monitoring, fraud detection, compliance support, and managed services for B2B and B2C clients.
3. Transaction Processing Fees: Payment processing platforms (IPG, SWITCH, SEPA Connect, SWIFT Connect, SMS Payments) generate transaction-based fees from payment volume processed through the company's infrastructure.
4. Blockchain & Crypto Infrastructure: Revenue from cryptocurrency exchange platforms, asset tokenisation services, on/off-ramp solutions, and blockchain consulting. Includes white-label CEX and DEX platforms, NFT marketplaces, Web3 products, and protocol development.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

SEPA Cyber Technologies is a FinTech group that builds and licenses modular, white-label technology platforms (centered on the SEPA CoreX platform) for banks, neobanks, EMIs, payment institutions, government agencies, and regulated businesses. Its product portfolio spans core banking, card issuing, digital wallets, payment processing (SEPA, SWIFT, card networks), crypto exchanges and wallets, asset tokenisation, RegTech compliance (KYC, KYB, PEP/Sanctions, credit scoring), communications, eSIM, and government parking systems. The company also operates a cloud marketplace (FinHub) and sub-brands for managed services, IT outsourcing, marketing, and maritime fintech solutions.

Product overview

SEPA Cyber Technologies operates as a multi-brand FinTech group offering a modular platform-plus-modules architecture under its SEPA CoreX platform. The product portfolio spans six core suites: FinTech (Core Banking System, Card Issuing, Digital Wallet, Card Management, Reporting & Reconciliation, Loyalty/eVouchering, Core Acquiring, ETMS, IPG, Payment SWITCH, Embedded Finance, Embedded Lending, SEPA Connect, SWIFT Connect, Fiat Exchange, Crypto Exchange, Stock Exchange), RegTech (KYC, KYB, PEP & Sanction, Virtual Scoring & Rating), CommTech (Communication Solutions, SMS Payment, eSIM Cards), GovTech (Parking Management, Parking Monitoring), Blockchain (Custodial/Non-Custodial Wallets, Asset Tokenisation, On/Off-Ramp, Blockchain Consulting, Protocol Development), and Other Services (Consulting, Secure Hosting, Audit, Managed Services, All Things Crypto, Affiliate Management). The company also operates sub-brands including FinHub (module marketplace), IT Run (IT outsourcing), D&D Marketing, and Plioex (maritime solutions).

Differentiator

Problem solved

Functional benefit

Brands

• FinHub: A marketplace platform offering hundreds of proprietary and third-party modules for businesses to upgrade or update their operational systems
• SEPA Cyber Managed Services
• IT Run
• D&D Marketing Agency
• Plioex
• SEPA CoreX
• MuSe

Products and services

• Core Banking System End-to-end digital core banking platform for online and traditional banks, providing customer onboarding, compliance, payments, and reporting functions.
• Card Issuing Credit, debit, and prepaid card production, personalization, and fulfilment services including eco cards, metal cards, and worldwide delivery for banks and FinTechs.
• Digital Wallet White-label mobile wallet enabling e-money deposits/withdrawals, P2P payments, NFC purchases, and third-party transfers with multi-currency support for banks and FinTech operators.
• Card Management System Card management system supporting all card brands, EMV, contactless, NFC technologies, and various card types including credit, debit, prepaid, and commercial cards.
• Reporting & Reconciliation Financial reporting and reconciliation tools enabling transaction comparison, data intake from multiple sources, and Visa/Mastercard compliance reporting.
• Loyalty / eVouchering White-label loyalty and eVouchering modules enabling flexible reward programs, branded coupons, incentive programs, and customer engagement platforms.
• Core Acquiring Processing End-to-end payment acceptance processing including authorization, fraud prevention, transaction capture, settlement, and multi-currency support.
• ETMS (Enterprise Terminal Management System) POS terminal management system enabling payment acceptance, merchant information management, EMV parameter handling, and multi-vendor/multi-protocol support.
• IPG (Internet Payment Gateway) White-label internet payment gateway supporting credit cards, local payment methods, digital wallets, with fraud management and multi-currency processing.
• Card and Payment SWITCH Payment switching solution supporting POS terminals, IPG, and ATMs with multi-bank connectivity and automated financial processes.
• Embedded Finance Service Provider Platform White-label embedded finance platform for banks, EMIs, and regulated companies to offer financial services through mobile and web applications.
• Embedded Lending Platform (BNPL) BNPL (Buy Now Pay Later) embedded lending platform supporting debt, credit, and factoring-based financing plans for B2B and B2C use cases.
• SEPA Connect Plug-and-play SEPA processing solution enabling banks to access SEPA payment schemes including Direct Debit and Credit transfers.
• SWIFT Connect Low-cost plug-and-play SWIFT processing solution enabling businesses to access global payment networks without major infrastructure investment.
• Fiat Exchange Currency exchange platform supporting 170 currencies with sub-second response time and 99.99% uptime for forex trading operations.
• Crypto Exchange White-label cryptocurrency exchange platform supporting both centralized (CEX) and decentralized (DEX) operations with multi-currency gateways.
• Stock Exchange White-label stock exchange platform for Forex and CFD trading with back office, risk management, and support for FX, stocks, futures, and bonds.
• KYC (Know Your Customer) Automated digital onboarding and identity verification module screening individuals in under 3 minutes with document authentication from 190+ countries and liveness detection.
• KYB (Know Your Business) Business verification and UBO identification module automating enhanced due diligence and AML compliance for corporate customers across 90+ countries.
• PEP & Sanction Screening Politically exposed person and sanctions screening solution checking against OFAC, HTM, EU, UN, and other global watchlists for AML compliance.
• Virtual Scoring & Rating System Credit risk scoring and rating system using big data to predict borrower payment behavior and enable real-time credit decisions.
• Communication Solutions Multi-channel communication modules enabling SMS, email, Viber, WhatsApp, and Telegram notifications with 2FA and PCI DSS Level 1 certification.
• SMS Payment SMS-based payment solution allowing customers to make payments by sending keywords, with funds deducted from telephone bills without bank involvement.
• eSIM Cards End-to-end eSIM platform enabling users to connect to mobile networks globally without physical SIM cards, with user-friendly back office management.
• On-Street Parking Management System Governmental parking management system automating issuance processes and enhancing operational efficiency for on-street parking spaces.
• Parking Monitoring System Public parking monitoring system for proper use tracking, payment acceptance, and fine issuance for governmental agencies.
• Custodial Wallet ISO 27001 certified custodial cryptocurrency wallet supporting Tron, BTC, Ethereum, Polygon, and Binance blockchain networks for trading and transactions.
• Non-Custodial Wallet Multi-chain, multi-currency non-custodial wallet with two-factor authentication and enhanced data security for digital asset management.
• Asset Tokenisation Platform enabling digitization of real-world assets including real estate, artwork, precious metals, IP, and commodities with smart contracts for fractional ownership.
• On-Ramp and Off-Ramp Solution Platform for converting traditional assets and currencies to digital assets and vice versa, compatible with all major blockchains.
• Consulting Expert consulting for digital transformation, EMI licenses, data protection, and card scheme compliance.
• Secure Hosting State-of-the-art infrastructure hosting for financial, regulatory, and blockchain-based technology products with full protection compliance.
• Audit Service Penetration testing, ISO, cybersecurity assessments, and blockchain/Web3/SWIFT audit services for compliance with industry standards.
• Managed Services B2B and B2C managed services including onboarding, transaction monitoring, fraud detection, compliance, and AML/CTF processes.
• All Things Crypto Comprehensive crypto solutions including DEX/CEX platforms, crypto payment gateways, NFT marketplaces, and Web3 products.
• Affiliate Management Platform Affiliate tracking and management platform with on and off-chain crypto payouts, sales monitoring, and commission automation.
• FinHub Marketplace platform offering hundreds of proprietary and third-party modules for businesses to upgrade or update their operational systems, enabling creation of custom financial ecosystems.
• IT Run IT outsourcing and outstaffing services provider with dedicated development teams, DevOps teams, and technology consulting.
• Plioex Comprehensive maritime industry platform enabling banking transactions, fleet management, crew recruitment, fuel management, and route planning for shipping operations.

Quantifiable outcome

• 99.99% uptime across platforms
• +4 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration27 records

AI capability7 records

Feature18 records

Partnerships

Seven partnerships are on record, tiered core.

• FinHubcoreOEM/ Whitelabel/ Licensing PartnerFinHub (finhub.cloud) is a group brand offering a marketplace with hundreds of proprietary and third-party modules enabling businesses to upgrade their operational systems. FinHub serves financially regulated organizations, third-party license holders, unregulated financial entities, and merchants looking to enhance their systems with new features.
• IT RuncoreImplementation/ SI/ Consulting PartnerIT Run provides high-quality, reliable IT outsourcing and outstaffing services. With over 180 years of combined experience, their specialists offer staff augmentation, dedicated development teams, DevOps teams, technology consulting, and complete outsourcing services for software projects.
• D&D Marketing AgencycoreGTM or Marketing PartnerD&D Marketing Agency serves as the creative center for the organization, offering graphic and web design, website development, content writing, social media marketing, and PPC campaigns to help brands tell their stories and acquire new customers.
• SEPA Cyber Managed ServicescoreImplementation/ SI/ Consulting PartnerManaged services brand offering B2B and B2C organizations comprehensive assistance with onboarding, transaction monitoring, fraud detection, back-office management, customer support (1st and 2nd level), and regulatory compliance. The solution effectively identifies unusual patterns and suspicious activities to ensure AML compliance.
• Integrator PartnerscoreChannel Partner/ Reseller/ DistributorPartner program for integrators who help clients integrate new software solutions into their businesses to build the digital future. Integrators receive training and support from SEPA Cyber.
• Developer PartnerscoreChannel Partner/ Reseller/ DistributorDeveloper partner program offering market-leading FinTech, RegTech, and CyberTech solutions as part of the product portfolio. Developers receive software and API connections from SEPA Cyber and customize them for client needs.
• Reseller PartnerscoreChannel Partner/ Reseller/ DistributorSales partner program for individuals with long-term sales experience. Partners sell SEPA Cyber solutions to end clients with the goal of achieving a successful partnership by combining efforts.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Sumsub: Sumsub provides KYC, KYB, AML, and transaction monitoring for fintechs and crypto businesses. Comparable to SEPA Cyber's KYC, KYB, and PEP & Sanction modules.
• Onfido: Onfido provides AI-powered digital identity verification and KYC/AML compliance. Comparable to SEPA Cyber's KYC module with document verification, liveness detection, and global document coverage.
• Fireblocks: Fireblocks provides institutional digital asset custody, transfer, and settlement infrastructure. Comparable to SEPA Cyber's Custodial Wallet, Asset Tokenisation, and On/Off-Ramp modules, with deeper crypto-specialist positioning.
• Thought Machine: Thought Machine provides cloud-native core banking technology (Vault) to global banks. Comparable to SEPA Cyber's core banking and issuing modules, with a more focused, deeply engineered single-stack approach.
• Marqeta: Marqeta provides a card-issuing and payment processing platform used by fintechs and banks. Directly comparable to SEPA Cyber's Card Issuing, Card Management, and IPG modules, with similar modern API-first card infrastructure.
• Galileo Financial Technologies: Galileo (a SoFi company) provides payment processing, card issuing, and digital banking infrastructure. Comparable to SEPA Cyber's Card Issuing, Core Acquiring, Payment SWITCH, and Digital Wallet offerings, with deeper scale in the US market.
• Mambu: Mambu offers a cloud-native core banking and lending platform-as-a-service targeting neobanks, EMIs, and traditional banks. Highly comparable to SEPA Cyber's core banking, card issuing, and embedded lending modules, with similar SaaS/whitelabel positioning.
• Solaris SE: Solaris is a Berlin-based Banking-as-a-Service platform offering embedded finance, IBAN accounts, card issuing, and lending infrastructure under regulated banking licenses. Directly comparable to SEPA Cyber's Embedded Finance, Core Banking, and Issuing modules in Europe.
• Banking Circle: Banking Circle is a payments bank providing cross-border payments, FX, and banking-as-a-service infrastructure. Directly comparable to SEPA Cyber's SWIFT Connect, SEPA Connect, and Fiat Exchange offerings, and listed as an integration partner.

Broad incumbents

• Stripe: Stripe is a global payment processing platform supporting online card acceptance, local payment methods, and embedded finance. Comparable in IPG/payment gateway scope but a much larger incumbent offering a broader payments suite with stronger developer adoption.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/SEPACYBER
• LinkedInlinkedin.com/company/sepacyber

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SEPA Cyber Technologies