The real evolution of fintech isn’t about cards or flashy dashboards—it’s about backend speed, transparency, and compliance. Jonas Laar, Chief Technology Officer at EuroNect, is building programmable SEPA and Open Banking infrastructure with modular APIs, flow-level control, and event-based settlement logic. We spoke with Jonas about how developer-first fintech is reshaping SEPA beyond legacy providers.
Who is Jonas Laar?
Jonas is an Estonian software architect turned fintech CTO. Before founding EuroNect, he worked at LHV Bank and later helped build the payment orchestration logic behind one of the Baltics’ fastest-growing neobanks. His approach: “Every payment is a programmable event. Every risk is a webhook.”
Interview
What is EuroNect in one line?
We offer modular SEPA and Open Banking APIs that let fintechs control payments, onboarding, and compliance as code.
What products do you offer today?
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IBAN issuing (EE, LT, DE)
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SEPA SCT / SCT Inst
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PIS (Open Banking push-to-pay)
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KYB/KYT orchestration APIs
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Virtual account layer
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Transactional webhooks
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Ledger-as-a-service (JSON-based)
Are you licensed?
Yes. EuroNect is a licensed Payment Institution under the Estonian Financial Supervision Authority, passported across the EEA.
Who are your main clients?
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Crypto on/off ramps
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Freelance and creator platforms
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European neobanks
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Cross-border SaaS
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Affiliate networks
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Adult/payout aggregators
Do you issue named IBANs?
Yes. We issue fully named IBANs in EE, LT, and DE. Clients can assign sub-IBANs per user or per transaction.
What’s your edge compared to others like Lemonway or Intergiro?
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Developer-first API
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Fully event-triggered
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Embedded KYB
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No pooled IBAN confusion
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Built-in ledger system
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Full webhook flow auditability
Do you offer SEPA Instant?
Yes. 93% routed via SCT Inst.
Fallback to SCT in <1 second.
Webhook on success/failure.
Optional: blocklist by country or BIN.
How fast can you onboard clients?
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Standard: 2–4 days
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Crypto/adult: ~7 days
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Sub-account platforms: iframe in 4–5 days
What about Open Banking?
We support PIS (payment initiation) for 2,000+ banks across Europe.
Push-to-pay → instant webhook response.
AIS is in pilot.
How do you price your APIs?
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IBANs: €9/month
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SEPA SCT: €0.21
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SEPA Inst: €0.35
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PIS: €0.10
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KYB file: €2.50
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Ledger: Free under 1,000 entries/month
What’s on your 2025–2026 roadmap?
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PSD3-ready architecture
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SEPA DD APIs
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Programmable refund flows
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NLP-based UBO validation
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Crypto fiat-layer with MiCA controls
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Dynamic risk triggers based on payment context
What kind of compliance tooling do you offer?
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KYB webhook triggers
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Risk scoring events
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Ledger mutation logs
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API-driven audit trail
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KYT integration via Chainalysis (for crypto clients)
Do you support crypto or adult flows?
Yes — with flow maps, KYB, UBO docs, and registered licensing.
We work only with compliant, transparent flows.
Related Searches
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Jonas Laar EuroNect
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SEPA fintech Estonia
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Event-based payments
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Programmable SEPA API
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Crypto fiat SEPA Estonia
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KYB orchestration Open Banking
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MiCA-compliant PSP API
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Developer-first SEPA fintech
FAQ
Is EuroNect licensed?
Yes — licensed as a PI by Estonia’s FSA.
Do you offer SEPA Instant?
Yes — with fallback and real-time webhooks.
Do you issue named IBANs?
Yes — EE, DE, and LT.
Do you support crypto/adult flows?
Yes — if licensed, mapped, and compliant.
Company Services
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IBAN issuing
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SEPA SCT & SCT Inst
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PIS initiation
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Virtual IBAN mapping
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KYB/KYT APIs
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Embedded ledger
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Transaction webhook triggers
Competitors
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Lemonway
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Unlimit
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Swan
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Clear Junction
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PayAlly
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Intergiro
Product Positioning
EuroNect is:
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Event-triggered
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SEPA-native
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Developer-centric
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Crypto-compliant
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KYB API integrated
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Ledger-first infrastructure
