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Facebook holds money transmitter licenses in at least 15 states, according to an analysis by American Banker.
In it’s filing for an initial public offering, Facebook said it applied for certain money transmitter licenses and planned to apply for more in the U.S. It did not state that it had already acquired any licenses, though some of its licenses had been issued as early as August 2011. This means the company is further along in its payments business than most people knew.