ALGBRA BECOMES FIRST ETHICAL FINTECH TO RECEIVE AUTHORISED E-MONEY INSTITUTION LICENCE

DUBAI, United Arab Emirates – Algbra, the ethical and values-focused FinTech, has received full authorisation from the Financial Conduct Authority (FCA) to operate as an Electronic Money Institution (EMI). Algbra’s pioneering proposition – with the principles of ESG and Shariah-compliance at its core – leads the movement towards values and lifestyle-based banking that is defining the next evolution of financial services. Zeiad Idris, Co-Founder and CEO of Algbra, said: “The FCA is rightly regarded as the world’s leading regulator of financial services. For Algbra to have our EMI license approved…

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