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Oxygen8 Money Obtain E-Money Licence

Oxygen8 Money are delighted to announce that they have been granted an Authorised e-Money Licence by the FSA. The licence makes Oxygen8 Money an approved issuer of electronic money, placing them amongst a select few businesses on the FSA E-money Register.

Oxygen8 Money provide cross-border international mobile remittances, facilitating person-to-person money transfer. Receiving the licence means that the business can provide payment services without the need to partner with a traditional bank.

Nouman Hashmi, CEO of Oxygen8 Money commented: “To have received FSA approval is a real milestone for Oxygen8 Money and becoming a fully authorised remittance business makes our offering even stronger, it’s a huge vote of confidence in our business model”.

cinzia cecchetto
cinzia cecchetto
Cinzia is the Group Marketing Coordinator for Oxygen8 Group. Born in Italy and holding a Master’s Degree in Strategic Marketing and Consulting, she’s perfectly placed to orchestrate transnational marketing activities. In 2012, she moved to England to begin a new academic and professional path abroad. She’s passionate about digital marketing, specialising in social media management and email marketing best practices.

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