Blender secures E-Money License in Lithuania, paving its way to Europe

Blender joined an exclusive group of companies that are holding this honorable license, including: Facebook, Ebay, Amarican Express and Paypal.

After less than one year of intense work with the European authorities, Blender received recognition as E-Money Institution in February 2017. The license allows the company to operate as a financial institute in the European Union nations, including most banking activities like issuing credit cards, granting loans, transferring funds and servicing the platform to other companies.

 

For the full articles about the license, please visit:  Finance Magnets Bank InnovationLending Times