 The Group acquired Avila in October 2020 to secure a Small Electronic Money Institution. The companys primary operating subsidiary, Cornerstone Payment Solutions Ltd. formerly FXPress Payment Services Ltd. gained approval from the Financial Conduct Authority FCA as Authorised Electronic Money Institution in August 2021, which replaced the more limited license of Avila. According to the ... The post Cornerstone FS announces sale of Avila House appeared first on LeapRate... 