Category Archives: Soldo

London-based Soldo has secured an e-money license from Ireland as a hedge against ‘crazy’ Brexit

Soldo, the London-based fintech startup that offers a multi-user spending account primarily for businesses, has secured an Electronic Money Institution licence from Ireland’s Central Bank, a move the company says is designed to mitigate against the uncertainty of Brexit. The Accel-backed company is currently licensed by U.K. financial regulator the FCA and benefits from so-called “passporting,” European Union regulation that lets a company regulated in one EU country offer financial services across the whole of the EU and other EAA countries. That arrangement could come to an […]

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