Tintra PLC Update on UK Licence Application (6973A)
25 May 2023 - 11:17PM
UK Regulatory
TIDMTNT
RNS Number : 6973A
Tintra PLC
25 May 2023
25 May 2023
TINTRA PLC
("Tintra", the "Group" or the "Company")
Update on UK Licence Application
The board of directors of Tintra (the "Board"), the fast-growth
Deep Tech & Banking business, provides an update to its licence
application with the Financial Conduct Authority ("FCA").
As announced on 8 November 2022, the Company's wholly owned
subsidiary, Tintra Money Limited, had submitted an application and
required accompanying documentation to the FCA to become an
authorised electronic money institution. The process remains
ongoing with the current status being that following feedback
received from the FCA, advancements with the Group's software and
the ongoing separate application for a Small Bank Licence with the
Prudential Regulation Authority in the UK in the intervening
period, the Group withdrew its original application and is
currently in the process of resubmitting a revised application that
it expects to do before the end of May.
For further information, contact:
Tintra PLC
(Communications Head)
Hannah Haffield
h.haffield@tintra.com
Website www.tintra.com 020 3795 0421
Allenby Capital Limited
(Nomad, Financial Adviser & Broker)
John Depasquale / Nick Harriss / Vivek
Bhardwaj 020 3328 5656
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END
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