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Tarabut Gateway licenced by the DFSA

Monday 25 April 2022 12:51 CET | News

Tarabut Gateway has been granted a licence by Dubai Financial Services Authority (DFSA) to provide money services in and from Dubai International Financial Centre (DIFC).

DFSA is the independent regulator of financial services in DIFC, a global financial centre in the Middle East, Africa, and South Asia (MEASA) region. This licence marks the first time the DFSA has authorised a firm to provide account information services (AIS) and payment initiation services (PIS) activities. By obtaining this licence, Tarabut Gateway further cements its position in the UAE and plans to boost innovation in the sector, set new industry standards, and support the financial ecosystem.

The licence that has been granted by DFSA allows the provision of arranging money services as well as AIS and PIS. Tarabut Gateway operates across the Middle East and North Africa (MENA) region, and is backed by regional and international investors.

It has partnerships with multiple banks, financial institutions, and fintech companies across the region.


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Keywords: banking license, Open Banking, regulation, financial services, financial institutions
Categories: Banking & Fintech
Companies: Dubai Financial Services Authority (DFSA), Dubai International Financial Centre (DIFC), Tarabut Gateway
Countries: United Arab Emirates
This article is part of category

Banking & Fintech

Dubai Financial Services Authority (DFSA)

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Dubai International Financial Centre (DIFC)

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Tarabut Gateway

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