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Zimpler eyes European expansion with Payment Institution licence

17th March 2017 6:28 am GMT

Swedish mobile payment solutions provider Zimpler has been licensed as a Payment Institution by the Swedish financial regulator Finansinspektionen.

The upgrade to its existing payment licence will allow the company to expand its services across Europe.

As a Payment Institution, Zimpler will be able to establish a physical presence and offer cross boarder payment services within the European Union and Economic Area.

“This license enables us to proceed with our expansions plans within the EU,” said Kristofer Ekman [...]

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