Morphic Financial Group, the London-headquartered holding company of European digital payments provider Ari10, has successfully obtained a MiCA license through its subsidiary, WEB3 Holding B.V..
The approval, granted by the Dutch regulator, positions the group as one of the first companies originating from Central and Eastern Europe to achieve accreditation under the European Union’s new Markets in Crypto-Assets (MiCA) framework.
Navigating the MiCA framework
Implemented in December 2024, MiCA serves as the EU’s first comprehensive regulatory regime for digital assets. It establishes a unified market across all 27 member states by enforcing strict rules, including:
- Consumer protection measures.
- Market transparency requirements.
- Anti-money laundering (AML) safeguards.
- Comprehensive governance requirements.
To meet these stringent regulatory expectations, the Dutch entity, WEB3 Holdings B.V., was structured with a balanced Board of Directors rooted in the Netherlands and a locally based compliance officer. This governance is supported by a robust “three-lines-of-defence” framework, which embeds Know Your Customer (KYC), AML monitoring, and travel rule compliance across all of Ari10’s products.
A ‘passport to scale’
Mateusz Kara, CEO of Morphic Financial Group
Ari10 currently provides secure fiat-to-crypto transaction infrastructure, serving over 940,000 users across more than 17 countries. The broader Morphic Financial Group was recently established to consolidate these operations and build a “pan-European digital payments champion”.
Artur Pszczółkowski, co-founder and board member of Ari10
Mateusz Kara, CEO of Morphic Financial Group, commented on the regulatory milestone: “Being granted a MiCA license is not just an endorsement of our compliance architecture; it is a statement that we are ready to operate at the highest European standards. For us, MiCA is not a barrier; it is a passport to scale. This approval gives our partners, users and regulators confidence that both Morphic and Ari10 can bridge the future of payments with the trust and governance that the market demands.”
The newly acquired license is expected to facilitate deeper institutional partnerships and fuel the group’s broader financial ambitions.
Artur Pszczółkowski, co-founder and board member of Ari10, added: “Our team has spent months building the substance and governance needed to meet Dutch and EU expectations. This is a landmark for Ari10 as we prepare for further growth, our upcoming UK IPO, and deeper engagement with institutional partners. MiCA provides clarity, and clarity creates confidence.”
