After two years, Lanistar is attempting to re-launch in the UK
IN BREIF:
During its hiatus from the UK market, Lanistar has built out its offering in Latin America
Lanistar has previously raised £2m but ran into trouble with the FCA who said it was unauthorised to carry out its purported activities
Gurhan Kiziloz, who was previously CEO of the business, is now chairman whilst Jeremy Baber will be CRO
What does this mean?
“The key to our launch (in Brazil) and those to follow in other parts of LATAM, has been our alliance partnership with Mastercard members, who offered a ‘Banking-as-a-Service’ solution,” Baber said. “This means Lanistar has a ‘one-stop shop’ solution for market entry in the region, offering a full suite of services including bank accounts, card issuing, fully digital onboarding, and best of breed regulatory compliance, KYC, and transaction monitoring.”
