The first product to market will be a consumer app launching in September 2019, allowing friends to socially plan and pay in groups.
VibePay is part of Vibe Group Holdings and recently announced an investment from Candy Ventures – Nick Candy’s private investment fund.
The FCA authorisation allows to provide Payment Initiation Services and Account Information Services.
VibePay will also be introducing a B2B solution, allowing consumers to pay direct from their bank when they’re shopping online.
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