Money management app Emma Technologies Ltd has achieved direct authorisation from the UK's Financial Conduct Authority (FCA), effective from 4 March 2026.
Emma has operated as an authorised Payment Services Directive (PSD) firm leveraging Open Banking since 2018. The London-based fintech has now secured expanded regulatory permissions related to credit, pensions, and investments.
Commenting on the authorisation in a LinkedIn post, Co-Founder and CEO Edoardo Moreni said:
Today is a big milestone for us at Emma. [...] This unlocks a new set of products we can build for our customers. One of the first products enabled by this will be Credit Score & Credit Report inside Emma, giving people a clearer picture of their financial health directly from the app.
Emma's ongoing product expansion is supported by revenues, with the company reported as profitable in Sifted's 250 fastest-growing startups list for 2025. It has also received backing from investors including Connect Ventures, Kima Ventures, Aglae Ventures, Kobe Invest, and The Family. Emma raised £3.1m through a Crowdcube campaign in 2021.
Moreni holds the regulated SMF16 Compliance Oversight and SMF17 Money Laundering Reporting Officer (MLRO) roles, alongside an SMF3 Executive Director position. Serving as CEO, he co-founded the company in 2017 after graduating in Computer Science from The University of Manchester.
Antonio Marino also holds an SMF3 Executive Director position. As Co-Founder and CTO, Marino oversees the platform's engineering and technical strategy. He is also a Computer Science graduate from The University of Manchester and previously held software engineering roles at Google and CERN before launching Emma.
