Merge, a UK-based regulated fintech backed by Octopus Ventures and Coinbase, has announced the launch of Named EUR IBANs, a new product within its API-first payments infrastructure.
According to the company, the offering enables businesses to issue fully named, dedicated EUR IBAN accounts to their end users, supporting fiat collection, reconciliation, and payout capabilities across Europe.
Compared to conventional virtual IBAN arrangements, Merge's Named EUR IBANs are fully functional accounts opened in the name of the end customer, capable of receiving, holding, and sending funds. The accounts support both first-party and third-party payments, making them applicable for marketplaces, fintech platforms, and regulated crypto-native companies managing flows across fiat and stablecoin rails.
Infrastructure capabilities and compliance framework
Merge's newly released product integrates with SEPA payment schemes and connects natively with the company's stablecoin capabilities, including on/off-ramp functionality, enabling businesses to orchestrate end-to-end flows between fiat and digital assets within a single infrastructure layer. Additionally, one-to-one account mapping supports automated reconciliation, and the product operates within Merge's existing Electronic Money Institution and Virtual Asset Service Provider regulatory framework.
Furthermore, the launch addresses a structural gap in cross-border and digital asset payment infrastructure, namely, the absence of a scalable, reliable fiat account infrastructure that integrates natively with blockchain-based settlement systems. Businesses building across fiat and stablecoin rails have typically faced fragmented solutions requiring separate providers for IBAN issuance and digital asset handling.
Based on the information shared by Merge, the product is available immediately to Merge clients across supported jurisdictions through an API-driven onboarding process.
Talking about the launch, Kebbie Sebastian, CEO of Merge, said Named EUR IBANs are a foundational building block for businesses looking to operate at scale across fiat and stablecoin rails, combining flexibility, speed, and programmability for their clients' users.
