Multicurrency payments services provider () has snapped up digital business banking firm Q Money – and its associated e-money licence – for £425,000.
CEO Ian Strafford-Taylor tells Proactive: ''The deal is a real turning point for us. Essentially what we're getting here, the e-money licence in of itself whilst important it's just a piece of paper .... what's important is what you can do with it''.
''With the e-money licence we can in theory become our own issuer of cards - there's many things we can do which will rationalise our cost structure''.
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