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The license lets Adyen continue to offer its new embedded finance services to U.K. customers, a suite that includes bank accounts, virtual or physical cards, and capital services.
“Our focus is always on providing our customers with technology that helps them excel,” said Adyen Chief Risk and Compliance Officer Mariëtte Swart in the release. “The U.K. is a key market for Adyen, and we’re excited to cement our position here with this banking authorization. It will strengthen our ability to help domestic and international businesses achieve their ambitions faster.”
https://www.pymnts.com/news/banking/2023/adyen-receives-banking-license-united-kingdom-regulators/
