London-based fintech company Volt has recently announced that it has obtained an Electronic Money Institution (EMI) license ⁣from the‍ Financial Conduct Authority (FCA) in the UK.

This milestone achievement allows Volt to offer a wider range of financial services to its customers, including ​the issuance of electronic money, payment ⁣services, and other ‍related activities.

With the EMI license, Volt can now expand its​ offerings and provide innovative solutions in the rapidly evolving fintech landscape. This will​ enable the company to better serve its customers and‌ compete more effectively in the ​market.

Commenting on the news, Volt CEO,⁣ Tom Clarke, said, “We ⁤are thrilled to have secured ⁤our EMI license in the UK. This⁢ milestone represents a significant step in our ⁢journey towards‌ becoming a leading‍ fintech player in the region.”

He added,⁣ “We look forward to leveraging this license to enhance our product ​offerings and deliver⁢ a seamless and secure digital banking experience to our customers.”

Overall, obtaining the EMI license in the UK is a major achievement for‌ Volt and positions the company for‍ future growth and success in the competitive ‌fintech industry.