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Pemo secures approval in UAE to expand payments offering
·Source: Finextra
Updated:
Executive Summary
Pemo, the UAE's leading all-in-one spend management platform built for small and medium-sized businesses (SMEs), today announced that it has received in-principle approval from the Central Bank of the UAE (CBUAE) for a Stored Value Facilities (SVF) licence.
Analysis
Pemo, the UAE's leading all-in-one spend management platform built for small and medium-sized businesses (SMEs), today announced that it has received in-principle approval from the Central Bank of the UAE (CBUAE) for a Stored Value Facilities (SVF) licence.