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Regulations & Compliance
Regulations & Compliance

See how we comply with local regulations.

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Written by Support
Updated over a week ago

Penny Pinch Inc. is a licensed (Class A under the Money Services Business Act) and regulated fintech company based in St. Lucia - https://mypennypinch.com/.

What This Means for You as a Customer

The addition of the E-money License will allow you to store e-money on our platform, which ultimately provides you with additional payment services in St.lucia. This license will also enable us to develop new products and services that will enhance your experience and ideally open new possibilities through additional partnerships and improvements in our platform.

The new E-Money License provides additional protection to you as a consumer and demonstrates that our compliance program meets the strict rules enforced by the FSRA. We hope that this new license provides you greater comfort when using Penny Pinch's services.

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