The Board of the Bank of Lithuania has granted an electronic money institution license to Curve Europe UAB, a subsidiary of Curve OS Limited, an electronic money institution licensed in the UK. This move authorises it to issue electronic money and provide certain payment services set forth in the Republic of Lithuania Law on Payments.…
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Wise raises another $12 million to double down on embedded business banking
Fintech startup Wise has raised a $12 million Series A round. The company offers business bank accounts with an interesting go-to-market strategy. Wise partners with other companies so that they can offer bank accounts to their own customers. For instance, if you’re running a marketplace or an e-commerce platform that matches companies with individual customers, you can leverage Wise…
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A bank 3.0 without being a bank: aircrex
Australian fintech aircrex provides compelling solutions towards autonomous finance and creates a seamless connection to people's lives. Sydney-based fintech company aircrex, provides compelling solutions towards autonomous finance and creates a seamless connection to people's lives. They are positioning themselves as a bank 3.0 without being a bank. Their vision becoming a lifestyle app rather than another…
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Curve Brexit-proofs EU future with Lithuanian outpost
Banking platform Curve has announced the establishment of a subsidiary in Lithuania.The move will help Curve continue to serve customers across the EEA, following the end of the Brexit transition period, and to scale its operations. In addition to passporting rights, Lithuania was chosen as an EEA base for its strong AML competencies, fintech friendly…
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