Payrow to offer banking services support for businesses with complex ownership

Wednesday 29 June 2022 12:36 CET | News

Payrow, a UK-based fintech that provides banking services for entrepreneurs and flexible workers, has announced banking services support for businesses with complex ownership structures.

Leveraging its market experience, Payrow will onboard businesses with complex ownership structures in the UK. Payrow can now upload the required number of beneficiaries during business registration and offer all the necessary banking services from day one.

Complex ownership structures are often found within companies with different overseas departments or companies linked together by a chain of ownership. These companies will often have several layers of corporate officers, shareholders, and Persons of Significant Control (PSCs), which makes identifying the owners more difficult.

Payrow is provides a business banking service tailored to the number of entrepreneurs, consultants, remote workers, and freelance specialists. The platform offers a range of financial services and a convenient, reliable, and affordable ecosystem for its users. Payrow allows users to manage payments with a high level of security, create invoices, and process taxes. 

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Keywords: fintech, product launch, financial services, financial institutions, digital banking
Categories: Banking & Fintech
Companies: Payrow
Countries: United Kingdom
This article is part of category

Banking & Fintech


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