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.
- EURW Stablecoin: In December 2025, Newrails launched EURW — a MiCA-compliant Euro stablecoin on the Monad blockchain (a high-performance, EVM-compatible Layer-1 blockchain). EURW is backed 1:1 by regulated fiat reserves with zero-fee redemption back to physical EUR.
Our Recommendation
- For Retail Users: NOT RECOMMENDED. The platform lacks a trading interface or retail features. If you are looking to buy, sell, or hold a wide range of crypto assets, use licensed retail exchanges such as Bitvavo, Coinmotion, or Kvarn X.
- For Fintech & Enterprise Clients: HIGHLY RECOMMENDED. A secure, regulated choice for enterprises needing MiCA-compliant stablecoin settlement rails with zero-fee redemption and a robust European EMI license.
Review prepared on 2026-05-25 using official regulatory registers and the company's public disclosures.
