Dubai International Financial Centre, global financial center in the Middle East, Africa and South Asia (MEASA) region, has granted a financial services license to Ebury.
Ebury has become the first company to be granted such a license to engage in money services under the Dubai Financial Services Authority’s (DFSA) comprehensive Money Services Regime.
With the license Ebury will be able to enhance the services it offers to SMEs in the region, and to do it in or from the DIFC.
It will allow Ebury to provide money services and arrange credit enabling activities such as booking transactions, giving advice and onboarding clients from its DIFC office.
Arif Amiri, CEO of DIFC Authority, said:
“The DIFC Money Services Regime is the most comprehensive in the region and represents Dubai and the DIFC’s commitment to further developing the financial ecosystem and driving the future of finance. Congratulations to Ebury for becoming the first company in our ecosystem to be granted a licence to provide Money Services. We look forward to transforming the money services landscape together across the region.”
Juan Lobato, CEO at Ebury, commented:
“Ebury continues to go from strength to strength. We are market-leading in our ability to service the international payment needs of SMEs and being the first company to obtain a licence to provide Money Services in or from the DIFC is further validation of our investment in local operations across the world.”
