fintech / news / / City A.M.
Macquarie ups stake in Argentex founder’s fintech as it clinches licence.
Macquarie has increased its stake in Tenora to 33 percent following FCA e-money approval.
KEY POINTS
- 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
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