Azimo secures licence in the Netherlands

April 15, 2019

Azimo secures European ‘passporting’ rights, even in event of Brexit

European digital money transfer firm Azimo has announced it has secured a licence from the Dutch Central Bank (De Nederlandsche Bank) to operate its services in the Netherlands. The approval follows the recent opening of Azimo’s office in Amsterdam, which will help the firm to grow its share of the market for cross-border payments from Europe, which is valued at over EUR 1 trillion.  The licence also guarantees that Azimo will continue to benefit from so-called ‘passporting’ rights to operate across Europe, even in the event of Brexit.

 

 

 

 

 

 

 

 

 

 

 

 

 

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