<h1>Fintech company obtains UK Electronic Money Institution licence enabling payment services and electronic money issuance</h1> A fintech company secured UK Electronic Money Institution (EMI) licence from the Financial Conduct Authority, enabling it to issue electronic money and provide payment services including account issuance, fund transfers, and foreign exchange transactions. The licence allows the company to issue IBANs, hold safeguarded client funds, and integrate with UK clearing systems. Founded in 2021, the company operates an integrated treasury and payments platform serving fintechs and mid-sized global companies. The UK licence supports the company's hub-and-spoke expansion strategy and plans to scale embedded finance solutions across multiple regions.