Fintech

Payments firm Decta secures e-money licence

Licence will allow Decta, which was incorporated in Ireland in October 2021, to expand its services across the European Union

Decta is a London-headquartered payments processing company that claims over £1 billion in transactions are carried out via its infrastructure annually. Picture: Getty

Decta has become the latest fintech to secure an e-money licence from the Central Bank of Ireland.

The company brings the number of regulated institutions in Ireland to 68, according to figures provided by Fintech Ireland. Of this number, 27 are authorised as e-money institutions.

Other companies to have been approved by the Central Bank previously include Stripe, Square, Coinbase, and Gemini.

The licence will allow Decta, which was incorporated in Ireland in October 2021, ...