Pico Pay Pty Ltd Receives Final AFSL from ASIC

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Sophie Grace recently assisted Pico Pay Pty Ltd (“Pico Pay”) to obtain an Australian Financial Services Licence (“AFSL”) to operate a payment platform. The AFSL application was lodged with ASIC in October 2019 and approved in October 2020.

Pico Pay assists clients by providing a payment platform to assist clients with their foreign currency needs. Pico Pay’s platform minimises clients’ foreign currency requirements by netting off client payments in each jurisdiction in which Pico Pay operates.

The team at Sophie Grace has helped our business in successfully obtaining our AFSL. We are very pleased with the outcome, and are particularly impressed with Sarah’s professional approach and effort along the way. Highly recommend their services.” Celine Cho – Responsible Managerof Pico Pay.

If you would like to know more about Pico Pay Pty Ltd, please contact Sophie Grace directly for an introduction.

About The Author

Sarah Murray

Sarah works with the Compliance Team with a particular focus on compliance and legal services. Sarah works with the Legal Team providing ongoing assistance in drafting and reviewing documentation as well as legal research. Sarah assists clients with AFSL and ACL applications, variations and also assists in the implementation of compliance reviews. She provides ongoing compliance support in the form of compliance program implementation and reviews.

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