Payoneer receives UK E-Money license from Financial Conduct Authority

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Feb 17, 2023

Payoneer (Nasdaq: PAYO), the financial technology company empowering the world’s small businesses to transact, do business and grow globally, has received (via its subsidiary – Payoneer Payment Services UK Ltd) its Electronic Money License (EMI) from the United Kingdom’s Financial Conduct Authority (FCA). The license is a key requirement for digital financial institutions to continue operating in the UK and will allow Payoneer to keep providing its full suite of services to UK-based businesses.