Viva.com Group Secures E-Money Institution Authorisation in UK

Viva.com Group, a leading European cloud-based neobank, has received E-Money Institution authorization for its UK subsidiary, Vivawallet.com Ltd, from the Financial Conduct Authority (FCA), representing a significant step forward in Viva.com's strategic expansion efforts in the UK.

The FCA authorization will allow Viva.com's UK subsidiary to enhance and extend the suite of innovative, regulated and reliable payment solutions it delivers, offering its full range of products and services to UK businesses.

Haris Karonis, Founder & CEO of Viva.com Group, commented: "At Viva.com, we hold firm in our commitment to accountability, transparency, and continuous compliance with evolving regulatory frameworks, as we build a pan-European one-stop-shop neobank. We are pleased that our UK subsidiary has managed to meet the high standards of the FCA, one of the top regulators of the financial services industry. 

"This achievement stands as a testament to the commitment and hard work of our high-performing teams in the EEA and UK, towards building a robust fully cloud-based, innovative payments technology, combined with a localised compliance and internal controls environment, in full compliance with the UK regulatory framework. The FCA authorisation complements the breadth of our technological and operational capacity and puts Viva.com in the best position to serve any business regardless their location and territorial reach within the 24 European markets of our operations."