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Electronic Money Institution (EMI) stories

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Spendesk names new chiefs as it posts first profit

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Spendesk appoints Quentin Vigneau as Chief Product Officer and Alan Wright as Chief Technical Officer as it expands AI plans after first full year of profit.
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Metro Bank, Equals Money launch FX forwards service

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Metro Bank teams up with Equals Money to offer FX forwards, helping UK business customers lock in exchange rates and manage currency risk.
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Revolut wins UK bank licence, plans major investment push

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Revolut secures full UK bank licence, pledging GBP £3 billion investment, 1,000 new jobs and a phased roll-out of FSCS-protected accounts.
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Bilder taps xpate for instant card funding across borders

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Bilder integrates xpate's card top-ups to offer 24/7 instant multi-currency account funding for cross-border customers and businesses.
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Currenxie launches multi-currency SME account in UK

Fri, 27th Feb 2026
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Currenxie rolls out a UK multi-currency business account for SMEs, promising cheaper cross-border payments, FX and Visa Business cards.
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Incard gains UK EMI licence to expand fintech platform

Tue, 24th Feb 2026
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Incard secures UK EMI licence, bringing payments, cards and FX in-house as it scales its fintech orchestration platform for digital brands.
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Dext launches integrated payments for UK Xero users

Wed, 4th Feb 2026
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Dext debuts Payments, letting UK Xero users pay suppliers and expenses inside its platform after a beta that processed GBP £800,000.
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Kani & TransactPay expand data partnership for scale

Fri, 23rd Jan 2026
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Kani deepens its tie-up with TransactPay, adding Data-as-a-Service to streamline global payments data as the issuer ramps up scale.
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Aspire secures key licences for global fintech rollout

Fri, 19th Dec 2025
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Singapore fintech Aspire wins key licences in Australia, Europe and the US, paving the way for a global rollout of its business finance platform.
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Currenxie gains EMI licence from Central Bank of Ireland

Mon, 10th Mar 2025
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Currenxie has secured an Electronic Money Institution licence from the Central Bank of Ireland, allowing its operations across the European Economic Area.
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Guavapay marks 71% revenue growth in financial year 2024

Tue, 21st Jan 2025
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London-based Guavapay has reported a remarkable 71% growth in annual revenue for 2024, driven by a larger customer base and staff expansion.
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Majority of PSPs face bank account closures by lenders

Tue, 15th Oct 2024
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A report from fintech Neo reveals 95% of Payment Service Providers have faced account closures or restrictions, often without bank explanations.
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Payhawk to boost London workforce by 44% following revenue spike

Fri, 8th Mar 2024
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UK fintech company Payhawk aims to expand its London team by 44% following a successful year and the acquisition of its UK EMI Licence.
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Edenred teams up with UK's thinkmoney to enhance fintech services

Thu, 11th Jan 2024
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Edenred Payment Solutions partners with UK e-money firm, thinkmoney, strengthening card and account capabilities. This critical collaboration boosts thinkmoney's product range and enhances their customer experience.