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July 4, 2022
Finance Technologies

Gaming friendly challenger Xace lands FCA licence

Xace, a UK-based fintech, is claiming to be the first gaming friendly digital bank to land a licence from the Financial Conduct Authority (FCA). Since launching its apps in July, Xace says more than 1,000 gamers and companies have signed up The start-up announced on 21 September that its payment institution licence application was accepted. What makes Xace gaming friendly? The fintech offers a banking account linked to casinos, bookmakers and gaming operators. This account link means users can send and receive payments directly, hence bypassing traditional banks in the transaction process. Active in both the UK and wider Europe,…
Gaming friendly challenger Xace lands FCA licence

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