Tech

Alviere the latest fintech firm to withdraw e-money licence application

The US company is believed to have become frustrated with the authorisation process and a lack of clarity from the financial regulator

Yuval Brisker, chief executive of Alviere, the second fintech firm in the last few weeks to withdraw from a process to secure an e-money licence from the Central Bank

Alviere, a US company, has become the second fintech firm in the last few weeks to withdraw from a process to secure an e-money licence from the Central Bank of Ireland.

The Business Post has learned that the company, which only announced plans to establish its European base in Ireland late last year with an aim to employ up to 30 people, has laid off the small number of staff it has locally following its ...