E-Money & Payment Institution Licensing for Digital Banking & e-Wallet Companies

E-Money & Payment Institution Licensing

Full-fledged E-Money & Payment Institution Licensing services.

We do everything for you, so you can stay focused on your core business.

What You Need to Obtain a Licence

Local Presence & Team

From 2-10 identified local employees, depending on jurisdiction

Source of Capital

Transparent, clear & sufficient to cover first-year losses

Business Plan, Programme of Activities & Internal Policies

Several hundred pages of documentation

Core Banking Software

Secure, compliant & ready-to-deploy, with detailed documentation

Sufficient Budget in Place

To cover cost of local personnel, consultants, lawyers and
share capital amount for PI & EMI

9-18 Months of Patience

Real terms to prepare documents and receive your license

What we do

01

Structuring advice & jurisdiction selection

02

Provide regulatory-compliant software with all descriptions

03

Business planning, forecasting & payment scheme design

04

Representation in regulator communication

05

Draft all policies, including AML compliance & risk management

06

Project management, paperwork, incorporation & accounting

07

Local team recruitment

08

Establishment of necessary partnerships for outsourced activities

Jurisdictions
we cover

We have a strong focus on fintech businesses like digital banks, e-wallets, fiat-crypto wallets & e-commerce banking with the main product Digital banking.

We do not work with businesses that ONLY provide remittance services without opening payment accounts.

Advantages of Working With Us

E-money and payment Licensing Advapay Experience

Real experience

We have obtained more than 20 licences

E-money and payment Licensing Advapay - all-in-one solution

All-in-one solution

We provide consulting services, assist in business development, communicate with regulators & deliver banking software

E-money and payment Licensing Advapay Fintech experts

Fintech practitioners

We possess a deep understanding of business, IT & legal matters.

Talk to our expert and discuss your project

Looking for Core Banking software for your fintech project?

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