# Macquarie ups stake in Argentex founder’s fintech as it clinches licence.

*fintech · news · 2026-04-28 · City A.M.*

## Key points

- Macquarie has increased its stake in Tenora to 33 percent following FCA e-money approval.
- Tenora received an FCA e-money licence, enabling it to issue e-money and offer regulated payments.
- The new licence allows Tenora to set up virtual accounts in multiple jurisdictions for international trading.
- Harry Adams attempted to reacquire Argentex with a consortium before its administration, but was unsuccessful.

**Companies:** Macquarie, Tenora
**Countries:** United Kingdom

[Read the full story on City A.M.](https://www.cityam.com/macquarie-ups-stake-in-argentex-founders-fintech-as-it-clinches-licence/)

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