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BVNK Gains UK EMI License by Acquiring SPS

BVNK Gains UK EMI License by Acquiring SPS

London-based BVNK, a cryptocurrency-based payment and banking platform, has secured an Electronic Money Institution (EMI) license in the United Kingdom by acquiring the paytech firm, System Pay Services (SPS).

With the EMI license, SPS offers e-money services, e-wallets, and multi-currency accounts for merchants to make, receive, and process payments.

The acquisition will enable BVNK to broaden its product offering and has received the approval of the Read More

Posted: Nov 28 2022, 09:01
Author Name: financemagnates
Views: 110161

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