FinTech Modulr has been granted an e-money licence by the Central Bank of Ireland.
Modulr offers payments-as-a-service solutions for clients such as Revolut.
Its Dublin base will now be able to expand services to EU businesses.
The FinTech says through its partners it could bring digital, frictionless payments experiences to more than 500mn people.
What does this mean?
Modulr says the licence marks a “significant milestone” and Dublin will now be the base for its European expansion journey which can now go ahead regardless of Brexit.