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How far down the FCA application process are they? As far as I know only 2 companies have been granted permissions in the UK so far this year. One is a law firm
by DomBlack 11y ago
How far down the FCA application process are they? As far as I know only 2 companies have been granted permissions in the UK so far this year. One is a law firm, the other a stock broker.
Their site says they are still applying, thus how can they be accepting people's money already?
- jhuckestein 11y agoHi DomBlack, I work at Mondo. The cards we're issuing now are prepaid debit cards backed by another firm's license (Wirecard Card Solutions Ltd). We're aiming to have a full banking license and issue our own cards by the end of next year.