Newrails
Newrails is a Lithuania-licensed EMI and MiCA-compliant issuer of EURW, offering programmable euro IBAN accounts, SEPA participation across 36 countries, and a unified REST API spanning fiat and on-chain rails for fintechs, international businesses, AI agents, and developers.
- Company typePrivate
- Founded2019
- HeadquartersVilnius, Lithuania
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Newrails does
Newrails UAB is a Lithuania-incorporated Electronic Money Institution (EMI License No. 69 from the Bank of Lithuania, issued June 2020) that operates a euro-native financial infrastructure platform for businesses and developers. The company's product surface spans three integrated layers: (1) programmable euro business accounts with virtual IBANs and direct SEPA / SEPA Instant participation across 36 SEPA countries, eliminating correspondent banking dependencies; (2) EURW, a MiCA-compliant euro e-money token issued by Newrails on Hedera and Monad blockchains, 1:1 backed by euro reserves and redeemable at par to SEPA with zero fees; and (3) a unified REST API with JavaScript and Python SDKs that exposes all three rails (SEPA, EURW, Monad) as a single payment primitive, including x402 middleware for pay-per-call monetization targeting AI agents. Operational infrastructure includes nodes run by Newrails on Hedera and Monad for regulatory monitoring, and safeguarding of client reserves at regulated EU credit institutions per MiCA Article 54 (minimum 30% cash, up to 70% in Euro government MMFs).\n\nThe company serves four target segments: fintechs and neobanks (replacing fragmented partner banks with a single EMI integration), international businesses requiring euro banking as non-residents, AI agents needing programmatic euro settlement, and developers building payment applications. Distribution combines self-service business account opening online with enterprise field sales for treasury and bulk IBAN issuance, plus developer-first engagement via documentation, content, and a forthcoming developer hub. Revenue is generated primarily through transaction fees on payment services (SEPA transfers, account maintenance, EURW minting and redemption), spreads on virtual asset exchange for non-EEA clients via the separate Costa Rica entity (Newrails International Limited, effective July 2026), and usage-based fees on API/developer services. Customer pricing details are not publicly disclosed, with reference made to an unpublished Price List on the company website.\n\nFinancially, Newrails is in a pre-launch investment phase. Revenue declined 79% from €84,808 in 2024 to €17,838 in 2025 as the company suspended new commercial activity to concentrate on EURW preparation. Net loss widened from €632,934 (2024) to €1,063,289 (2025), and shareholder equity dropped from €1,986,870 to €464,398. Share capital remains constant at €450,000, with parent Typhoon Wealth Group Limited (UK Company 12955709) providing ongoing capital support after acquiring 100% ownership in January 2023. EURW launched February 2026 following a white paper notification to the Bank of Lithuania in November 2024, and the Costa Rica entity is addressing non-EEA demand. Management consists of a four-member board led by CEO Vytautas Valvonis.
Newrails firmographics
Firmographics- Name
- Newrails
- Legal name
- Newrails UAB
- Website
- https://newrails.xyz
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Newrails is a Lithuania-licensed EMI and MiCA-compliant issuer of EURW, offering programmable euro IBAN accounts, SEPA participation across 36 countries, and a unified REST API spanning fiat and on-chain rails for fintechs, international businesses, AI agents, and developers.
- Ownership category
- akta.pro rank
Newrails industry classification
Industry- Product category
- Programmable euro payment infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Depository Credit Intermediation (5221), Securities and Commodity Contracts Intermediation and Brokerage (5231)
- SIC
- Functions Related To Depository Banking, Nec (6099), Finance Services (6199), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG)
- akta.pro secondary industries
- Cross-Border Payment Orchestration & Routing (FSAGAKAJ), Cross-Border FX, Multi-Currency & Treasury for Payments (FSAGABAK), Crypto Remittance & Cross-Border Money Transfer Providers (FSADAIAD)
Keywords
Where Newrails is headquartered
LocationHeadquarters
- HQ city
- Vilnius
- HQ country
- Lithuania
- HQ region
- Europe
Offices2 records
Markets served
Newrails business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Others
Revenue model
- EMI Payment Services: Electronic money institution services including payment account maintenance, SEPA credit transfers, and SEPA Instant transfers. Fees charged per transaction or as monthly maintenance fees per Price List. Core revenue stream from businesses requiring euro payment infrastructure.
- E-Money Token Services: Issuance (minting) and redemption of EURW e-money tokens. Minting converts fiat euros to on-chain EURW; redemption converts back to SEPA. No redemption fees per MiCA Article 49(6); minting and transfer fees may apply.
- Virtual Asset Exchange (Non-EEA): Exchange of virtual assets for fiat and vice versa, exchange between virtual assets, provided by Newrails International Limited for non-EEA clients. Revenue from spreads embedded in exchange rates and transaction fees.
- API/Developer Services: x402 middleware pay-per-call monetization and SDK access for developers building agentic payments and pay-per-request APIs. Revenue from per-call or usage-based fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Hybrid | Pay-as-you-go | Business Account with Payment, E-Money, and E-Money Token Accounts |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
Newrails product offering
Product offeringCore offering
Newrails provides programmable euro business accounts with virtual IBANs and direct SEPA participation across 36 countries, the EURW MiCA-compliant euro e-money token issued on Monad and Hedera blockchains, and a single REST API (with JS and Python SDKs and x402 middleware) that unifies SEPA payments, EURW on-chain transfers, and Monad settlement into one euro movement primitive. The platform is operated under a Lithuanian EMI licence (No. 69) and is targeted at fintechs, international businesses, AI agent platforms, and developers.
Product overview
Newrails offers a unified euro-native financial platform consisting of three core products: (1) Business Account with programmable euro IBANs and SEPA payment capabilities across 36 countries; (2) EURW, a MiCA-compliant euro e-money token on Hedera and Monad blockchains with 1:1 fiat backing; and (3) Programmable Rails API infrastructure connecting traditional SEPA payments with on-chain EURW transfers. The platform is regulated by the Bank of Lithuania (EMI licence No. 69) and operates as a single integrated system rather than separate modules.
Differentiator
Problem solved
Functional benefit
Products and services
- Business Account (Euro IBAN) Programmable euro business account providing virtual IBANs with direct SEPA and SEPA Instant participation across 36 countries, bulk IBAN issuance via API, multi-currency treasury operations, and real-time webhooks on inbound and outbound flows. Opened online by residents and non-residents; designed for fintechs, international businesses, and treasury teams needing euro payment infrastructure without correspondent banking.
- EURW Euro E-Money Token MiCA-compliant euro e-money token issued by Newrails UAB, 1:1 backed by euro reserves and redeemable at par to SEPA with zero fees. Live on Monad and Hedera blockchains with sub-second finality and sub-cent on-chain transaction costs. Mintable and redeemable from a user's IBAN balance; designed for fintechs, international businesses, AI agents, and developers requiring regulated, on-chain euro settlement.
- Programmable Rails API Platform Unified API infrastructure layer connecting SEPA payments, EURW e-money token, and Monad blockchain into a single euro movement primitive. Provides a REST API with JS and Python SDKs, x402 middleware for pay-per-call monetization, real-time webhooks on every transaction leg, and 24/7 settlement across fiat and on-chain rails, targeted at developers and businesses building payment, DeFi, and AI-agent applications.
- Newrails International Virtual Asset Services Virtual asset services (exchange of virtual assets for fiat and between virtual assets, custody, and transfer) provided by Newrails International Limited for clients located outside the EEA, governed by the laws of Costa Rica and operated separately from the EEA EMI services. Designed for non-EEA businesses and users needing euro and crypto-asset exchange, custody, and transfer capabilities beyond the EU.
Quantifiable outcome
- 36 SEPA countries accessible without correspondent banking
- +3 more outcomes
Companies that use Newrails
Customer profileSegments4 records
Ideal customer profiles4 records
Newrails technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Newrails partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- HederacorePublic permissionless blockchain network supporting EURW token. Newrails runs a node on Hedera for regulatory compliance and transaction monitoring. Agreement in place with Hedera entity/foundation for EURW design and deployment.
- MonadcorePublic blockchain network where EURW is live with sub-second finality. Newrails runs a node on Monad for regulatory and ecosystem support purposes. Agreement with Monad entity/foundation for EURW deployment.
- EU Credit Institutions (Safeguarding)coreRegulated EU credit institutions hold client fund safeguarding assets in segregated accounts. Minimum 30% in cash at regulated EU credit institutions; maximum 70% in Euro government money market funds. Essential for MiCA Article 54 reserve asset compliance.
Scale indicators9 records
Recent moves6 records
Expansion highlights5 records
Newrails competitors and assessment
Company assessmentDirect peers
- Alchemy Pay: Crypto-fiat payment gateway offering on-ramps, IBANs, and cross-border settlement APIs; comparable as an API-first euro/crypto payment provider serving fintechs and merchants.
- BVNK: Cross-border payments platform offering multi-currency accounts, virtual IBANs, and stablecoin settlement for businesses; overlap in euro payment infrastructure plus stablecoin integration.
- Circle Internet Group: Issuer of USDC and EURC, the dominant regulated stablecoin franchise pursuing MiCA-compliant euro issuance and payment-rail integrations; comparable as a US dollar/euro stablecoin + programmable-payments competitor.
- TrueLayer: Open banking and account-to-account payment API provider expanding into variable recurring payments and euro rails; comparable API-first payment developer infrastructure serving fintechs.
- Banking Circle: EMI-licensed payment bank providing virtual IBANs, SEPA access, and payment infrastructure for fintechs and PSPs; overlap in euro account-as-a-service and SEPA orchestration.
- Monerium: Issuing regulated e-money and on-chain euro tokens (EURe) under EU licenses; directly comparable as a MiCA-relevant euro IBAN + euro stablecoin provider targeting fintechs and developers.
- Societe Generale-Forge: Issuer of EURCV, a MiCA-compliant euro stablecoin from a tier-1 bank targeting regulated DeFi and on-chain treasury use cases; comparable euro-EMT issuance play.
Broad incumbents
- Stripe: Global payments platform with developer-first APIs, stablecoin support, and SEPA coverage; competes with Newrails in API-first payment infrastructure but with a much broader portfolio.
- Worldline: European payment processor offering SEPA, acquiring, and merchant payment infrastructure; comparable as a broad incumbent in euro payments and payment orchestration.
- Tether: Issuer of USDT and EURt stablecoins; comparable as a euro-pegged stablecoin issuer but with broader scale and a still-evolving EU regulatory posture.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Newrails social profiles
Digital presenceNewrails compliance and trust
Trust signalCompliance3 records
Newrails financial estimates
Financial estimateRevenue estimate
Valuation estimate
Newrails leadership team
Management profileNumber of profiles
Profiles4 records
Newrails funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Newrails M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Newrails
What does Newrails do?
Newrails provides programmable euro business accounts with virtual IBANs and direct SEPA participation across 36 countries, the EURW MiCA-compliant euro e-money token issued on Monad and Hedera blockchains, and a single REST API (with JS and Python SDKs and x402 middleware) that unifies SEPA payments, EURW on-chain transfers, and Monad settlement into one euro movement primitive. The platform is operated under a Lithuanian EMI licence (No. 69) and is targeted at fintechs, international businesses, AI agent platforms, and developers.
Is Newrails a public or private company?
Newrails is a private company. It is classified as corporate owned and is currently operating.
When was Newrails founded?
Newrails was founded in 2019. It employs 1 to 10 people.
Where is Newrails based?
Newrails is headquartered in Vilnius, Lithuania, in the Europe region.
How does Newrails make money?
Four revenue lines are on record. EMI Payment Services are the primary driver. The others are E-Money Token Services, virtual Asset Exchange (Non-EEA) and API/Developer Services.
Who are Newrails's main competitors?
Direct peers on record are Alchemy Pay, BVNK, Circle Internet Group, TrueLayer, Banking Circle, Monerium and Societe Generale-Forge. Broad incumbents are Stripe, Worldline and Tether.
Does Newrails have an API?
Yes. One REST API across SEPA, EURW, and Monad blockchain enabling movement of euros (fiat or on-chain) with the same primitive. Includes JS and Python SDKs. Supports x402 middleware for pay-per-call monetization and AI agent payments. Webhooks available on every transaction leg. Developer documentation is at www.newrails.xyz/en.
What industry is Newrails in?
Newrails's product category is Programmable euro payment infrastructure. Its primary akta.pro industry code is FSAMAIAG, Multi-Currency Accounts, Wallets & IBAN Services, with a secondary code of FSAGAKAJ, Cross-Border Payment Orchestration & Routing. Its NAICS code is 522320 and its SIC code is 6099.