RC365, a UK-based payment solutions provider, has acquired a Money Lenders Licence (MLL) in Hong Kong through the purchase of HC Capital Group for HKD 230,000.
This strategic move enables RC365 to offer digital lending services in the region, expanding its portfolio and aiding SME clients who face difficulties with traditional banking processes. The new services, managed by RCPAY, are set to launch by the end of the year, enhancing the company's virtual banking offerings across multiple regions.
