Tech
NoFrixion lands EMI authorisation from Central Bank as it eyes further growth
The company is the first Irish fintech to secure both EMI and Vasp regulatory status
NoFrixion, the Irish embedded finance fintech has been granted Electronic Money Institution authorisation by the Central Bank of Ireland.
The company, which is pioneering embedded finance across the EU, plans to use the approval to help fuel its next stage of growth in its MoneyMoov platform.
Feargal Brady, the chief executive at NoFrixion, said the company could help identify and reconcile payments for firms and remove “millions of hours a year” of unnecessary work in ...