OpenFX has agreed to acquire Dutch embedded payments fintech Embed as the company accelerates its expansion across Europe and strengthens its regulated payments infrastructure footprint.
Financial terms of the transaction were not disclosed.
The acquisition provides OpenFX with two strategically important regulatory approvals: a Dutch Payment Institution license with EU passporting rights and a UK Electronic Money Institution (EMI) license.
The deal marks OpenFXโs first acquisition since emerging from stealth and reflects a broader trend among fintech infrastructure providers seeking greater control over licensing, compliance, and payment operations rather than relying on third-party regulatory partners.
Founded in 2022, Embed enables businesses to integrate embedded payments and money movement capabilities directly into their products and services.
The company originally operated as a crypto-focused payments business before shifting its focus toward traditional embedded finance and payment infrastructure.
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For OpenFX, the transaction provides a faster pathway into European markets while strengthening its ability to offer regulated payment services directly across the region.
The company is also pursuing a MiCAR license as part of its broader strategy to expand regulated financial infrastructure capabilities across Europe.
Alongside the acquisition, OpenFX announced plans to establish new offices in London and Amsterdam. The locations will support a 20-person team spanning product, engineering, compliance, regulatory operations, and go-to-market functions.
International expansion has been a major strategic focus for the company throughout 2026.
Earlier this year, OpenFX raised $94 million in Series A funding to support growth across Southeast Asia, Latin America, and Europe.
The latest acquisition highlights the growing importance of regulatory infrastructure within global payments markets as fintech firms increasingly seek direct ownership of licenses, payment rails, and compliance capabilities to support long-term expansion.
As competition intensifies across embedded finance and cross-border payments, control over regulated infrastructure is becoming a key differentiator for companies seeking to operate globally while maintaining local market access.
The transaction positions OpenFX to deepen its presence across Europe while expanding its broader payments and money movement platform across multiple international markets.
