Tag: Electronic Money Institution

SC Ventures, the innovation and FinTech investment arm of Standard Chartered, has recently made a strategic investment in Algbra, a UK-based, Sharia-compliant ethical finance platform.

Finom, a challenger bank based in Europe and specifically tailored for SMEs and freelancers, has recently announced a substantial boost to its operations with a Series B equity funding round, raising a noteworthy €50m.

Inpay, the Denmark-based international payments provider, has clinched an Electronic Money Institution (EMI) licence from the Danish Financial Supervisory Authority (FSA), marking a FinTech breakthrough in Scandinavia by integrating EMI, Payment Service Provider (PSP), and Third Party Provider (TPP) capabilities.