FCA: Grants Authorised Payments Institution License to Trust Payments

  • Trust Payments group power the online payments of some of the world’s most well-established companies
  • In 2020, Trust Payments went through rapid expansion, investing heavily in its technology and product capability
  • Trust Payments pleased to announce that the United Kingdom’s Financial Conduct Authority (FCA) granted its subsidiary
  • The license permits the company to engage in payment services directly in the UK without the need to rely on its existing EU licensing structures
  • The UK always one of the biggest markets and its headquarters are in London. Achieving the FCA license strategically important
  • Trust Payments plans to further accelerate investment in the UK, with the establishment of a new operations center to service UK based merchants
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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