MAP S.Platis is pleased to announce the successful completion of the application process for a Payment Institution (PI) license granted from the Central Bank of Cyprus (CBC) on behalf of one of our esteemed clients.
This marks yet another Payment Institution license successfully obtained this year by MAP S.Platis experienced team, while we’re currently assisting a lineup of clients in their pursuit of Electronic Money (EMI) and Payment Institution (PI) licenses, and providing support to other clients who have already embarked on this journey.
Commenting on this success MAP S.Platis Group CEO Demetris Taxitaris, said: “For over two decades, MAP S.Platis has been deeply engaged in the financial services industry including fintech, and we remain fully committed to its growth. We leverage our team’s extensive technical expertise and multidisciplinary knowledge to ensure the success of every application.” Mr. Taxitaris added: “Obtaining a neobank / digital bank license can often be a challenging process for firms, and this achievement underscores our commitment to helping our clients navigate the regulatory landscape and it’s a testament to the hard work and unparalleled regulatory consulting expertise of our team. We are proud for this significant milestone for our client, and we look forward to continuing to support our clients in their financial endeavours. We’re thankful to the CBC for their cooperation and the positive outcome.”
Contact us to learn more about our Payment & Electronic Money Institutions Services and how we may support your firm.