The UK has picked to exit the European Union creating fintech companies to reassess their choice of London as their European HQ. Azimo has already verified their brand-new Headquarters will be established up in Dublin.
While these firms reveal no passion in moving out of London they are set on establishing an alternative plan to ensure their passporting permit continues to be intact and also their customer service stays continuous. TransferWise has guaranteed their members that measures are currently in a position to guarantee boarderless accounts stay safe and secure as well as obtainable despite the result with Britain’s negotiations. Growth and development for them continue with a Belgium license soon to be gotten.
With the competition circling in all directions, Britain has a lengthy and fairly potentially unpleasant fight on their hands if they expect to preserve their standing and credibility within Europe as the main location for fintech companies.