We Did It! Maksu Takes a Major Step Toward Becoming a Licensed Payment Provider in Austria

Under the leadership of Vlado Galevski, our core dream team—Vesa Parkkinen, Andri Kruus, Alexander Limniatis, and Philipp Hochreiter of Stiltskin Regulatory Consulting—pulled together every piece of data and compliance measure needed to make this application possible. Over the last six months, Sanijel Ficulovic and Bernd Fletzberger from PFR Rechtsanwälte guided us through what felt like a labyrinth of regulations, ensuring we left no stone unturned.

In the end, we submitted more than 100 external and internal documents—a mountain of details now awaiting to be assessed by the FMA’s and OeNB’s experts.

A huge thank you also goes out to the FMA, whose open-minded and constructive approach helped shaping this process into a genuinely collaborative effort rather than a daunting regulatory hurdle. We couldn’t have asked for better counterparts in this journey.

Why does this matter for our merchants? Because once we’re licensed as a payment service provider, Maksu will be able to offer even stronger, in-Europe payment solutions—secure, straightforward, and tailored to the unique needs of SMBs across Austria and the entire EU. We’re committed to building a payments ecosystem that truly has your back and keeps your transactions local, transparent, and efficient.

Of course, the review period still lies ahead, but we’re confident that our dedication and thorough preparation will pay off. For now, we just want to say thank you—to our tireless Maksu team, our brilliant legal partners, and everyone involved at the FMA and the OeNB. We’ve come a long way, and we’re even more motivated to receive the payment license and deliver payment innovations that make a real difference for businesses in Europe and beyond.

Stay tuned for updates—we promise to keep you posted. The best is yet to come!