Welcome Boku to the regulated fintech family of e-money, payment institutions and account information service providers.
Boku Network Services IE Limited, a US payments firm listed in London, obtained a payments authorisation for service # 5 (i.e. 5. Issuing of payment instruments and/or acquiring of payment transactions) from the Central Bank of Ireland on 25 March 2021 to support its European business and aid further product expansion. The company develops mobile payment solutions that connect merchants and mobile operators for billing and identity verification. By our tally that makes 20 x Authorised Payments Institutions (the Central Bank records 21, but one of those firms is marked as 'withdrawn' as at 20 Feb 2020); 3 x Account Information Services Providers (i.e. standalone AISP registration. NB 2 x Payments and 2 x emoney firms have this as part of their licence) and 17 x Electronic Money Institutions. This data as of 8 April 2021 as per records showing on the CBI website.
If you are looking to get authorised or registered with the Central Bank of Ireland, take a look at the slides and video from our recent co-hosted event with CompliReg at https://complireg.com/authorisations.html
Boku Network Services IE Limited, a US payments firm listed in London, obtained a payments authorisation for service # 5 (i.e. 5. Issuing of payment instruments and/or acquiring of payment transactions) from the Central Bank of Ireland on 25 March 2021 to support its European business and aid further product expansion. The company develops mobile payment solutions that connect merchants and mobile operators for billing and identity verification. By our tally that makes 20 x Authorised Payments Institutions (the Central Bank records 21, but one of those firms is marked as 'withdrawn' as at 20 Feb 2020); 3 x Account Information Services Providers (i.e. standalone AISP registration. NB 2 x Payments and 2 x emoney firms have this as part of their licence) and 17 x Electronic Money Institutions. This data as of 8 April 2021 as per records showing on the CBI website.
If you are looking to get authorised or registered with the Central Bank of Ireland, take a look at the slides and video from our recent co-hosted event with CompliReg at https://complireg.com/authorisations.html