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Adyen's Continuity in the Post-Brexit Era: Secures a UK Banking License

Adyen's Continuity in the Post-Brexit Era: Secures a UK Banking License
Adyen, a Dutch payments firm, has received approval for a banking license in the U.K., signaling an expansion into the banking sector. This move allows Adyen to offer cash advances to small and medium-sized enterprises (SMEs) in the U.K. and ensures that it can continue to operate under the U.K.'s Temporary Permissions Regime post-Brexit.Adyen's Ambitious Strategy for Global ExpansionAdyen already holds a banking license in the Netherlands as an acquiring bank, which enables it to process mercha... Read More
Posted: Sep 11 2023, 13:55
Author Name: financemagnates
Views: 112640

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