CAB Payments announces that its Dutch subsidiary has secured a payment service provider licence with De Nederlandsche Bank N.V. (DNB).
This entity will be eligible to provide services across the European Economic Area (EEA) under the passporting regime. This is one of the operational and strategic initiatives that underpin the Group’s growth aspirations for 2024 and beyond.
The Dutch licensed firm will be based in The Netherlands and will operate under the name of CAB Payments Europe.
Bhairav Trivedi, Chief Executive Officer of CAB Payments, commented:
“I am delighted that CAB Payments Europe has received this approval from such a respected regulator within the EEA. The Company is committed to the highest standards of compliance and client service. This is a significant step in the…
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