Foloosi Receives In-Principle Approval from the Central Bank of the UAE for Category III Retail Payment Services Licence

Home : September 2026 : September 24, 2026 News : Foloosi Receives In-Principle Approval from the Central Bank of the UAE for Category III Retail Payment Services Licence
Foloosi Receives In-Principle Approval from the Central Bank of the UAE for Category III Retail Payment Services Licence
September 24, 2026 Foloosi, a UAE-born payments technology company, today announced that it has received In-Principle Approval (IPA) from the Central Bank of the United Arab Emirates (CBUAE) for a Category III licence under the Retail Payment Services and Card Schemes (RPSCS) Regulation. 1888PressRelease - ABU DHABI, UNITED ARAB EMIRATES - The milestone represents an important step in Foloosi’s regulatory journey as it works towards obtaining its final licence, subject to fulfilling the remaining requir [...] https://www.1888pressrelease.com/foloosi-receives-in-principle-approval-from-the-central-bank-pr-772045.html