FDCTech acquires Xoala, enters European payments market with $2 trillion opportunity.

FDCTech, Inc. has signed a non-binding Letter of Intent to acquire Xoala, a regulated electronic money institution in Sweden. This acquisition provides a strategic gateway to Europe's $2 trillion payments market and is part of the company's strategy to expand its regulated financial services footprint across Europe and the UK.

FDCTech, Inc. ("FDC" or "the Company"), a fintech-driven firm specializing in acquiring and scaling legacy financial services companies, has signed a non-binding Letter of Intent (LOI) to acquire Xoala, a Swedish Electronic Money Institution (EMI) [1]. The acquisition, valued at $6.75 million, aims to position FDCTech as a vertically integrated global trading and payments group with access to Europe's $2 trillion payments market.

Under the LOI, FDCTech proposes to acquire 100% of the shares of Xoala from Steven FS Limited (UK) for a total purchase price of $6,750,000, payable in five annual installments of $1.35 million each from 2026 to 2030. The deal includes a 45-day exclusivity period for due diligence, after which a final binding Share Purchase Agreement (SPA) is expected, subject to due diligence [1].

Xoala, authorized as an EMI and regulated by the Swedish Finansinspektionen, offers multi-currency accounts in 26 fiat currencies and 8 cryptocurrencies, enabling instant FX conversion, cross-border payments, and seamless crypto-to-fiat settlements under European regulations [1]. The acquisition will integrate Xoala's regulated payments platform with FDCTech's Condor Trading Platform and Alchemy Markets' brokerage services, creating a unified trading and payments solution.

This acquisition is part of FDCTech's strategy to expand its regulated financial services footprint across Europe and the UK, positioning itself as a vertically integrated global trading and payments group. The deal will enable FDCTech to provide its clients with a complete trading-to-payments solution underpinned by robust regulatory licenses [1].

FDCTech's growth strategy involves acquiring and integrating small to mid-size legacy financial services companies, leveraging its proprietary trading technology and liquidity solutions to deliver exceptional value to its clients. The acquisition of Xoala will expand the Company's high-margin fee income streams from FX spreads, account fees, card issuance, and cross-border transactions, reducing reliance on trading commissions alone [1].

Marqeta, Inc. ("Marqeta"), a global modern card issuing platform, recently completed its acquisition of TransactPay, a BIN Sponsorship provider licensed as an EMI in the UK and EEA, further strengthening its card program management capabilities in Europe [2]. This acquisition highlights the growing trend of fintech companies expanding their regulated financial services footprint and integrating payment solutions with trading platforms.

References:

[1] FDCTech, Inc. (2025). The Company Secures Strategic Gateway to Europe’s $2 Trillion Payments Market with Acquisition of Regulated EMI Xoala. Retrieved from https://www.stocktitan.net/news/FDCT/fdc-tech-inc-signs-letter-of-intent-to-acquire-xoala-steven-ab-a-qelz8i989qi5.html

[2] Marqeta, Inc. (2025). Marqeta Announces Completion of TransactPay Acquisition. Retrieved from https://investors.marqeta.com/news-releases/news-release-details/marqeta-announces-completion-transactpay-acquisition