Subsidiary IutePay receives EMI license in North Macedonia Tallinn, Estonia, 16 July 2025. Iute Group, a leading European personal finance group, announces that its wholly owned North Macedonian subsidiary, Iute Pay DOOEL Skopje, has received an Electronic Money Institution (EMI) license from the Central Bank of the Republic of North Macedonia. Receiving the EMI license marks a significant milestone in Iute Group’s strategic development in Southeast Europe, enabling the company to offer customers in North Macedonia a full ecosystem of financial services. Initially focusing on loan products, Iute launched insurance brokerage under the IuteSafe brand in North Macedonia last year, and is now entering...