Bertelsmann’s Riverty Gets Luxembourg Banking License to Expand European Financial Services

Bertelsmann’s Riverty Gets Luxembourg Banking License to Expand European Financial Services

Riverty has obtained a Luxembourg banking license from the CSSF and ECB, transforming its BNPL unit into a regulated EU bank. This move positions the fintech to scale across Europe, offer integrated cash and liquidity solutions, and address regulatory and consumer-protection pressures in the buy-now-pay-later market. Riverty, the payment and credit arm of German media...

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