Luxembourg/Paris, 27 April, 2020
STOKR S.A. is excited to announce the partnership with pan-European payment institution, Lemon Way S.A.S, and the recent registration with the French financial regulator Autorité de Control Prudentiel et de Resolution (ACPR) as payment service agent (agent prestataire de services de paiement). With this registration, STOKR is subject to the AML/CFT supervision of the ACPR and the Luxembourg financial regulator Commission de Surveillance du Secteur Financier (CSSF).
The registration of STOKR with the French banking watchdog ACPR is enabled by the partnership with Lemon Way. As a result, STOKR will enable Euro payments on its investment platform stokr.io. Investors on STOKR can invest in Euro, as well as receive pay-outs in Euro, enabling a full end-to-end Euro payment gateway for security tokens. Moving forward, every issuer who is issuing security tokens on STOKR will receive a Lemon Way merchant account, allowing them to raise Euro investments using SEPA direct debit, SEPA transfer, credit cards and debit cards.
With this game changing partnership, STOKR can now support Euro payments, whilst still offering payment solutions via cryptocurrencies like Ether, Tether, Gemini and Bitcoin. Additionally, this also strengthens STOKR’s commitment towards market accessibility and adoption of security tokens in Europe.
“We are thrilled to be STOKR’s trusted Payment Solution Provider to help them manage and secure the payment flow on their platform. As a company that embraces innovation, blockchain and tokenization, we are definitely building an expertise by supporting new business models and platforms such as STOKR.” Martin-Pierre Gaultier, Chief Commercial & Marketing Officer at Lemon Way
“The partnership with Lemon Way allows us to provide a plug and play payment solution for security token issuers in Europe. On top, the registration with ACPR shows our commitment towards investor security and regulatory compliance.” Arnab Naskar, Co-Founder and Business Lead at STOKR
Lemon Way is a pan-European payment institution dedicated to marketplaces, alternative finance platforms and companies looking for payment processing, wallet management and third-party payment in a KYC/AML - regulated framework. Its payment solution is trusted and used by over 1,400 marketplaces in Europe including 200 crowdfunding platforms. Since December 2012, the company has opened 7 million payment accounts (e-wallets) and has registered more than 130 platforms as agents with the ACPR – Banque de France. Lemon Way self-financed its growth for 10 years and then raised €35M from three VC funds, Breega Capital, Speedinvest and Toscafund Asset Management. Lemon Way is approved and regulated by the ACPR and benefits from the " EU financial passport" in 29 countries. The company based in Paris (HQ), London, Madrid, Milano, employs 85 people from 16 different nationalities.
Learn more at www.lemonway.com
STOKR is an investment marketplace providing turn-key solutions to companies to access capital markets based financing, as per the EU capital market laws. From technology support to payment gateways, and investment structuring support to investor wallet registration, STOKR enables the opportunities for both the issuers and investors to have a secure, transparent, and user-friendly investment experience. STOKR is led by a diverse team operating from Luxembourg and Germany. STOKR focuses on supporting projects which are committed to making a positive impact, as well as creating a community of educated investors who are empowered to make better investment decisions.
Learn more at stokr.io
Emma Rahmani
STOKR SA
[email protected] [email protected]
Karine Coutinho
Lemon Way