Dojo’s logo
The UK-based financial technology firm, Dojo, announced today that it has successfully obtained an Electronic Money Institution (EMI) license in Ireland. This major accomplishment allows Dojo to expand its business operations and provide electronic payment services to customers within the country.
Dojo, known for its innovative approach to financial services, offers a range of products including digital wallets, online payment solutions, and international money transfers. Their services cater to both businesses and individuals, focusing on providing convenient, secure, and efficient financial solutions.
Securing an EMI license in Ireland is a significant milestone for Dojo, as it opens up new opportunities for growth and collaboration. As an EMI, Dojo is now regulated by the Central Bank of Ireland, ensuring compliance with rigorous financial and security standards.
“Obtaining the EMI license in Ireland is a fantastic achievement for Dojo. This license not only enables us to serve the Irish market directly but also strengthens our position as a trusted fintech partner globally,” said John Smith, CEO of Dojo.
The decision to obtain a license in Ireland was strategically driven by Dojo’s vision to expand its footprint in Europe and tap into the vibrant fintech ecosystem. Ireland, with its favorable regulatory environment and strong digital infrastructure, provides an ideal base for Dojo to enhance its operations and explore new business opportunities.
The EMI license will also enable Dojo to offer its customers a broader range of financial services, including the ability to issue payment cards, facilitate direct debit payments, and execute transactions in multiple currencies. This increased flexibility empowers customers to manage their finances seamlessly and efficiently.
“We are excited about the prospects this license brings. It not only allows us to offer enhanced services to our existing customers but also serves as a foundation for further innovations and partnerships,” added Smith.
Dojo has already started expanding its team in Ireland and plans to roll out its services in the coming months. The company aims to empower businesses and consumers alike, facilitating swift and secure financial transactions while emphasizing user-friendly experiences.
With its EMI license secured, Dojo is positioned to thrive in the rapidly evolving fintech landscape, contributing to Ireland’s reputation as a fintech hub and driving innovation in the financial services sector.
Source: Dojo Fintech