From XU Magazine, 
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Apron is now FCA authorised (and ready to rock) 😎

August 28, 2024

This article originated from the Xero blog. The XU Hub is an independent news and media platform - for Xero users, by Xero users. Any content, imagery and associated links below are directly from Xero and not produced by the XU Hub.
You can find the original post here:
https://blog.getapron.com/apron-is-now-fca-authorised-and-ready-to-rock-c40c5f775207

We are thrilled to share some great news with you — and it’s not about Apron Capture for once 😄.

Apron Payments Ltd is now directly authorised by the Financial Conduct Authority (FCA).

This milestone is a significant vote of confidence in our product, business, and growth, and it brings with it some exciting benefits for you, our valued community of accountants, bookkeepers and business owners.

What does this mean for Apron?

Being directly authorised as an Authorised Electronic Money Institution by the FCA allows us to issue electronic money (e-money) and provide payment services independently (i.e. not relying on third-party providers).

This means fewer intermediaries, meaning enhanced security, smoother, more efficient payments, and the opportunity to build truly bespoke products for all of you.

What does this mean for you?

For Apron customers, it’s business as usual — nothing changes in how you use our services.

We will update our bank details in the next few months, which will require action from you later, but we will send a separate communication about that nearer the time.

This authorisation positions us to expand our offerings in the future. We’re working on new products that will make local and global payments even easier, faster, and more affordable for finance professionals and business owners.

Stay tuned for more updates on our roadmap!

We couldn’t have reached this amazing milestone with all of your support, so thank you. For more updates, follow Apron on Linkedin.

Why leave it there?

To find out more about Apron

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