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Finmo Secures UK EMI Licence and Plans to Scale Embedded Finance Solutions

The Fintech Times

With its new EMI licence, Finmo can now issue electronic money and offer a range of new payment services, including account issuance, domestic and cross-border fund transfers, and foreign exchange transactions. The post Finmo Secures UK EMI Licence and Plans to Scale Embedded Finance Solutions appeared first on The Fintech Times.

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Singapore Fintech Finmo Expands into UK with New Payment License

Fintech News

The license permits Finmo to issue electronic money, process domestic and international fund transfers, offer foreign exchange services, and issue IBANs. It also allows the company to hold safeguarded client funds in the UK and connect directly to local clearing systems, including Faster Payments and CHAPS.

FinTech 101
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B2C embedded payments are a crowd favorite, but what does the B2B landscape look like in 2025?

Tearsheet

In my deep dive into the embedded finance landscape, I sought insights from payment experts about the opportunities for banks and fintechs in the B2B embedded payments space and the hurdles businesses face when integrating embedded payment systems. Ron Karpovich, J.P.

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Airwallex Expands Its Offering to the UK Following ClearBank Partnership

The Fintech Times

Under the new agreement, Airwallex will leverage ClearBank’s agency banking solution to enhance its UK offering and issue virtual accounts and IBANs under its own brand identity. Through the partnership, Airwallex will have access to UK payment schemes. These include Faster Payments , BACS, and CHAPS.

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Mashreq launches NEO PLUS Saver Account in the UAE

The Paypers

Following this announcement, Aani Instant Payments introduced a new solution designed to enable SME businesses to collect payments from their clients instantly and securely, without the need for an IBAN. Free Headlines in your E-mail Every day we send out a free e-mail with the most important headlines of the last 24 hours.

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Wirex Chooses OpenPayd to Launch Embedded Accounts Across UK and EEA

Fintech Finance

The partnership will see OpenPayd issue virtual IBANs to Wirex customers in 30+ countries across the UK and EEA. Customers will have access to the Faster Payments network in the UK and Single Euro Payments Area (SEPA) Instant payments for Euro-denominated deposits and withdrawals.

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