More than 100 fintechs have participated in the Financial Conduct Authority’s (FCA) regulatory sandbox since its launch in June 2016, trialling their services for a limited time to a controlled number of customers under the direction of the UK’s financial services and markets regulator.
While the applications developed by these businesses span the financial services sector, transaction services featured heavily in the fourth cohort of participants involved, some of which have only recently exited the sandbox.
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