PhotonPay Obtains FCA E-Money Institution License in the UK

PhotonPay has announced that it has obtained an Electronic Money Institution (EMI) license issued by the UK Financial Conduct Authority (FCA). This license allows PhotonPay to issue electronic money in the UK and provide related payment services to customers, further enhancing its financial infrastructure layout in the UK and European markets. JP, the Global Compliance Officer of PhotonPay, stated that obtaining the UK EMI license is an important milestone for the company's expansion of its global compliance footprint, strengthening its local compliance foundation and supporting the construction of a global financial infrastructure that covers more markets, currencies, and payment scenarios.

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