Airwallex: Secures EMI licence in the Netherlands

  • Airwallex a global payments fintech transforming the way businesses move and manage money domestically and internationally
  • Announce it secured its Electronic Money Institution (EMI) licence from the Dutch Central Bank (De Nederlandsche Bank, DNB)
  • The licence granted on 30 April 2021 and gives Airwallex access to the European single market
  • This latest approval adds to Airwallex’s existing licences in its core markets, including the UK, United States, Australia
  • Airwallex soon be able to offer an enhanced range of products and services to customers across Europe
  • Airwallex announced an additional capital raise of US$100 million to further accelerate its global expansion
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.

You May Also Like

UniCredit Strengthens Investment in Blockinvest with $4 Million Funding

The Italian bank targets innovation in blockchain technology through this investment.Highlights: UniCredit invests $4 million in Blockinvest to...

DTCC Strengthens Operations by Moving to Public Cloud with AWS and Microsoft

The Depository Trust & Clearing Corporation embraces cloud technology for enhanced services.Highlights: DTCC announces shift to public cloud...

SocGen Introduces Stablecoin for MetaMask Wallet Users

New offering enhances digital asset management for users.Highlights: SocGen's stablecoin is now available for MetaMask users.This move simplifies...

eToro Strengthens Crypto Portfolio with Zengo Acquisition

Deal expands eToro's offerings in the cryptocurrency sector.Highlights: eToro is acquiring crypto wallet Zengo to expand its services.The...