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UK paytech Volopa partners ClearBank to expand its SME banking services

March 22, 2024

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Volopa, which focuses on the small and medium-sized enterprise (SME) sector, offers an employee expense management and prepaid corporate card platform for businesses that also enables users to make international payments from the UK to 180 countries globally.

The new partnership with ClearBank forms part of the company’s application for a UK e-money institution (EMI) licence, which it expects will be granted later this year by the Financial Conduct Authority (FCA).

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