KeyChain Pay, through KeyChain FinTech (UK) Limited, has been granted a payment institution license (SPI) by the Financial Conduct Authority (FCA) in the UK, effective from 17 January 2023.
The authorisation is a major milestone enabling KeyChain Pay to provide regulated rental payments services with remittance and payment processing in the UK market.
The license is an affirmation to our clients, investors, and partners,” Lawrence Lau, Founder and CEO of KeyChain Pay. “We are excited to receive the license in the UK to scale our rental payment services for our existing customers and partners from HK and potential customers in UK. We very much looking forward to expanding our footprint in UK and other countries that are seeking hassle-free rental payment services and experiences."