Bamboo Payment, a leading global payment solutions provider, has obtained a Financial Institution Licence from the Malta Financial Services Authority (MFSA), allowing it to operate within the European Union. This marks a significant step for Bamboo, enabling it to expand its services across EU/EEA regions.
Key Highlights:
- License to Operate: The new license grants Bamboo Payment Europe the authority to provide comprehensive payment services to customers in Malta and, in the future, throughout all EU/EEA countries.
- Enhanced Trust and Compliance: Operating under strict EU regulations, Bamboo Payment now offers merchants and partners heightened security and compliance, adhering to the highest standards of financial operations.
- Strategic Expansion: This development is a crucial element of Bamboo’s strategy to expand its European presence, offering clients robust, secure, and innovative payment solutions.
“We are delighted to announce that Bamboo Payment has been granted a Financial Institution License in the EU. This license represents a significant milestone that empowers our ability to innovate and expand our payment services across Europe, strategically positioning us to cater to the unique needs of our European clients. Committed to delivering best-in-class security and excellence, Bamboo Payment maintains stringent operational standards in compliance with EU regulations. This achievement signifies the beginning of our journey to drive innovation and elevate security within the global payment ecosystem,” stated Francisco León, CEO of Bamboo Payment.
What’s Next for Bamboo Payment in Europe?
Having received the license on July 23rd, Bamboo Payment is actively preparing to inform the Malta Financial Services Authority (MFSA) of its intention to extend its services to other EU/EEA countries.
“This license is a testament to Bamboo’s dedication to offering the highest quality service to our clients, as it validates the diligent work undertaken to establish a global payments company with the highest operational standards. This exciting milestone will empower our European clients to expand their payment capabilities in LATAM, thanks to Bamboo’s connections with leading instant payment networks, banks, and acquirers in the region,” said Simon Vella, Managing Director of Bamboo Payment Europe.
About Bamboo Payment: Bamboo Payment drives business growth across Latin America by providing seamless access to instant payment methods and cross-border settlements. With comprehensive pay-in and payout capabilities, our platform offers unmatched speed and extensive coverage, empowering merchants to make agile business decisions and capitalize on opportunities swiftly. Headquartered in key markets including Brazil, Argentina, Colombia, Mexico, Peru, Chile, and Uruguay, Bamboo Payment combines local expertise with a single platform solution, allowing global merchants to maximize reach within Latin America’s diverse population. Discover more at bamboopayment.com.
For further information and media inquiries, please contact:Email: sales@bamboopayment.com
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Source :Bamboo Payment