White Paper - Fintech License: How to Obtain a License?

Becoming a regulated player in the Fintech sector is a significant milestone, allowing a company to redefine its market positioning while gaining independence, agility, and profitability. Indeed, obtaining a financial license, whether it's a payment license or a credit license, signifies growth. It enables the provision of a broader range of financial products and services, ultimately competing with well-established banking institutions. 

However, this transition is not without challenges. It involves addressing stringent regulatory requirements and significant hurdles, namely the legal aspect of licensing, mobilizing the necessary capital, and acquiring a sophisticated technological infrastructure that complies with legal standards. These three elements are essential to becoming a competitive regulated player in the financial sector. Faced with this complexity, this white paper guides you through the various types of financial licenses, the reasons why Fintechs should embark on this process, and the steps to follow on the legal, financial, and technological fronts to successfully achieve this significant transformation.