Newrails
Newrails, UAB (Ambr Payments brand) · LT · 12 countries served
Newrails, UAB (operating as Ambr Payments) is a Vilnius-based dual-licensed Electronic Money Institution (EMI) and CASP - licensed as an EMT issuer in Lithuania (Bank of Lithuania) and as a VASP in Czechia. In December 2025 it launched its MiCA-compliant EURW stablecoin on Monad blockchain - a high-performance EVM-compatible layer. EURW is 1:1 EUR-pegged with zero-fee redemption to fiat EUR. NOT a retail exchange - B2B stablecoin and settlement-rails infrastructure for fintech and enterprise clients.
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Fees
| Spot maker | N/A (B2B / OTC only) |
| Spot taker | N/A (B2B / OTC only) |
| SEPA deposit | Free |
| Card deposit | N/A (B2B / OTC only) |
| SEPA withdrawal | Free |
* This platform is exclusively for B2B, corporate, and institutional clients (fintech, enterprise). It does not provide a public retail trading interface.
Features
- ✓SEPA transfers
- −Bank ID support
- −Mobile app
- ✓Two-factor authentication
- ✓Cold storage custody
- −Proof of Reserves
- −Derivatives (futures/perp)
- ✓1+ crypto trading pairs
Supported fiat currencies: EUR
Pros
- ✓Dual licensing: EMI in Lithuania + VASP in Czechia
- ✓Bank of Lithuania MiCA supervision
- ✓**Zero-fee redemption** to fiat EUR (token holders)
- ✓EURW on Monad blockchain - high-performance EVM
- ✓1:1 EUR backing with regulated reserves
- ✓Modern stablecoin infrastructure under the Ambr Payments brand
- ✓EU passport across 30 EEA countries
Cons
- ✗**NOT a retail exchange** - B2B/enterprise only
- ✗Single asset only (EURW)
- ✗No trading UI or mobile app
- ✗Niche stablecoin market - less liquidity than USDC/USDT
- ✗Monad blockchain is new - ecosystem still maturing
- ✗KYB required (minimum volumes)
- ✗No historical track record (new project)
Full review
Newrails Review — Newrails, UAB (Ambr Payments)
Newrails, UAB (formerly Ambr Payments, UAB) is a licensed Electronic Money Institution (EMI) in Lithuania and a Virtual Asset Service Provider (CASP) specializing in B2B payment rails and stablecoin infrastructure. The company is not designed for individual retail investors — it has no trading platform or mobile app, but it offers high-level solutions for fintech companies and corporate clients.
Company History and Owners
The company was founded and registered in Vilnius on September 30, 2019 (company code 305270426, address: Švitrigailos g. 11C, LT-03228, Vilnius, Lithuania).
In April 2024, the company was acquired by Typhoon Wealth Group Limited, a UK-based financial services group founded and led by CEO Mark Rudolph Duncan (former CEO of Macquarie Bank's Hong Kong branch and current Independent Director of iFAST Corporation). Following the acquisition, the brand transitioned from Ambr Payments to Newrails.
Financial Performance and Metrics (2025)
According to official 2025 financial reports, the company is in its early B2B growth stage:
- Annual Revenue: €32,000
- Total Equity: €490,000
- Safeguarded Client Funds: €221,000
- Employee Count: ~9–18 employees
Licensing and Regulation
Newrails is outstanding in its regulatory compliance and dual-licensing setup:
- Electronic Money Institution (EMI): Licensed by the Bank of Lithuania on June 4, 2020 (License No.
LB001967). - CASP Registration: Registered as a Virtual Asset Service Provider (VASP) in the Czech Republic and compliant with the European MiCA framework as a licensed Electronic Money Token (EMT) issuer in Lithuania.
- Safety Incidents: The company holds an impeccable record. No regulatory warnings, penalties, or data leaks have ever been reported by the Bank of Lithuania or other European regulators.
Services and the EURW Stablecoin
Newrails offers the following B2B services:
- IBAN Payment Accounts: Multi-currency accounts for fintechs, including complex corporate structures or non-EU residents.
- SEPA / SWIFT Integration: Fast cross-border transfers and white-label settlement rails.