The object of the company is (a) the operation of the e-money business within the meaning of the German Payment Services Supervision Act (Zahlungsdiensteaufsichtsgesetz - ZAG) and the provision of the additional services covered by the license to operate the e-money business, such as the provision of payment services (in particular the operation of the acquiring business) or the granting of loans in accordance with the ZAG, and (b) the purchase of receivables (factoring) permitted by the license to operate the e-money business and all related services, in particular the management of payment methods, insofar as these are not subject to authorization, (c) as well as the management of own assets.
