KeyChain Pay receives payment institution license (SPI) by the UK Financial Conduct Authority (FCA)

KeyChain Pay, through KeyChain FinTech (UK) Limited, has been granted a payment institution license (SPI) by the Financial Conduct Authority (FCA) in the UK, effective from 17 January 2023.

The authorisation is a major milestone enabling KeyChain Pay to provide regulated rental payments services with remittance and payment processing in the UK market.

The license is an affirmation to our clients, investors, and partners,” Lawrence Lau, Founder and CEO of KeyChain Pay. “We are excited to receive the license in the UK to scale our rental payment services for our existing customers and partners from HK and potential customers in UK. We very much looking forward to expanding our footprint in UK and other countries that are seeking hassle-free rental payment services and experiences.”


About KeyChain Pay:

We disrupt legacy tenancy management by getting rid of rental arrear in an unmanned way.

KeyChain Pay is first-ever Smart Rental Payment Platform originated from HK and licensed in UK. Our AI performs KYC, surveillance and credit scoring, then pulls the rents from tenant tokenised cards to secure landlord rental incomes on time. We make rental payment Secured, Frictionless & Creditworthy. Our service includes serviced apartments, individual residence, car park, public housing and commercial lease. We have partnered with HSBC and Mastercard to offer more rewarding experience to our tenants.

Our payment records and credit scores stored in our Blockchain with a patent technology.


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