Payoneer Global receives UK E-Money license from Financial Conduct Authority

Payoneer has received, via its subsidiary, Payoneer Payment Services UK Ltd, its Electronic Money License from the United Kingdom’s Financial Conduct Authority. 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. The FCA authorisation demonstrates Payoneer’s commitment to the UK market as it seeks to continue providing regulated financial solutions. The license enables Payoneer to carry on empowering UK businesses to grow globally in the digital global economy. Payoneer will also look to grow its footprint in the UK, seeking to help more businesses navigate the world of global digital commerce.