RevoluGROUP Canada Inc. (TSX-V: REVO, Forum) gave an update to shareholders on its business on Wednesday, regarding its PSD2 bank license. The Company submitted its security analysis and software system compliance certifications from Abast and Amazon Web Services AWS, under full security compliance with external datacenter providers. Hogan Lovells provided RevoluPAY SL with a written PSD2 license approval update and stated that the approvals of the other departments have been gathered, only this review and approval of the RevoluPAY systems is pending. If no additional information is requested, Hogan Lovells’ corporate attorneys expect to receive approval on this matter in three weeks.
For more on this updates, click here.
RevoluGROUP is a multi-asset Canadian Company that was recently covered in-depthby Stockhouse Editorial, looking at its work to deploy a vast array of advanced FinTech technologies into numerous sectors that people engage with on a daily basis.
FULL DISCLOSURE: RevoluGROUP Canada Inc. is a client of Stockhouse Publishing.