Update on UK Licence Application
25/05/2023 14:17
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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 (https://tintra.com/) (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 020 3795 0421
(Communications Head)
Hannah Haffield
h.haffield@tintra.com
Website www.tintra.com
Allenby Capital Limited 020 3328 5656
(Nomad, Financial Adviser & Broker)
John Depasquale / Nick Harriss / Vivek Bhardwaj
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