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Interview: Belmoney CEO Bruno Pedras on Brexit fintech – the bridge reversing relocation costs
Yahoo Finance· 2026-03-26 14:30
According to some estimates, around 46% of UK financial firms have opened costly EU offices to survive post-Brexit. They have incurred an initial investment of over £350,000 just to replace lost market access. Bruno Pedras, CEO of Belmoney says that this high-stakes compliance burden is pushing smaller fintechs to the brink of forced market exit or insolvency due to crippling capital requirements. He does however have a solution for firms that never fully committed to the expensive option of relocation Br ...