Brexit is changing the shape of the payments and e-money sector in Europe. Prior to the referendum, by far the majority of EU firms were located in the UK, but now firms are looking at other jurisdictions and having to consider dual authorisations to operate across Europe.
As a result of this, Neopay has transformed its operations so that our clients can continue to obtain the same market leading expertise across the EU. Using our unparalleled experience of European authorisation and compliance, we have formed new relationships with regulators, partners and government departments in other EU countries, enabling us to support our clients whatever their needs and Brexit plans.
We also support clients in forming their Brexit contingency plans and assist new entrants in identifying the best route to market taking account of the uncertainty over Brexit. Because of this, our clients are able to move forward with their plans and generate revenue despite the current political situation.