TransferWise, the London-headquartered international money transfer company, is applying for a new licence in Brussels, in a bid to navigate a possible “no deal” Brexit as the U.K. prepares to leave membership of the European Union on March 29 this year.
One of the definite plusses of EU membership, and something that has undoubtedly benefited U.K. fintech startups, is so-called “passporting” of financial services. This sees a certain level of financial regulatory harmony across the
Read More At Article Source | Article Attribution
The post TransferWise applying for Brussels license in bid to navigate a ‘no deal’ Brexit appeared first on RocketNews | Top News Stories From Around the Globe.