Irish fintech firm Assure Hedge receives UK regulatory boost

Assure Hedge, a provider of foreign exchange technology to protect businesses from currency fluctuations, has received a boost from the UK Financial Conduct Authority under a programme aimed at drawing financial technology under its regulatory oversight

Assure Hedge, a provider of foreign exchange technology to protect businesses from currency fluctuations, has received a boost from the UK Financial Conduct Authority under a programme aimed at drawing financial technology (fintech) under its regulatory oversight.

The FCA named the Dublin-based firm among 24 fintech companies taking part in the regulator’s so-called “sandbox” programme, which allows businesses to test innovative products services in a “live environment” while ensuring customers remain protected.

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FX providers advancing to Cohort 2 of the FCA’s Regulatory Sandbox include Assure Hedge, OKLink, ZipZap