Today, Prepaid Financial Services has finalised its acquisition by EML and has become part of a listed entity, EML Payments. PFS/EML is now one of the largest prepaid FinTech enablers in the world. This deal was approved by the financial regulators in the UK and Ireland.
Against the backdrop of the current global Coronavirus situation, the terms of the original deal worked out in November 2019 were renegotiated in recent weeks. Read the full press release