What does the product do with customer funds?
We map wallets, credit, FX, crypto, transfers, cards, stored balances and adjacent services before choosing the license route.
Financial licensing / International
Find the right financial-license route and prepare a file for professional review.
For wallets, payments, e-money, credit, crypto and international money movement, Fixosoft provides application-preparation and coordination support across product, technology and evidence. The client’s appointed qualified legal and compliance professionals lead regulatory advice, submission, representation and regulator engagement. The regulator alone decides.
No approval guaranteesQualified-professional-led submissionRegulator decides
Route researchStructure inputsApplication evidenceProfessional handoff
Application-preparation pathDiagnosis → structure → evidence → professional review → decision
Financial Licenses
Diagnose before filing
Map the product, customer funds, countries, volume and risk before paying for the wrong route.
Choose the real route
Compare EMI, SVF, MSB, MTL, MPI, credit and financial-asset licensing against the actual business model.
Coordinate the preparation team
Align product, technology and evidence inputs with the client’s appointed qualified legal and compliance professionals.
Context
The mistake that can burn months
Many founders come with a good product but without a regulatory structure. Then the fixes start: local director, compliance officer, AML procedures, information security, physical office, source of funds, risk model and service agreements. This is not paperwork. It is the entry gate.
10+Licensing routes to choose from before filing
CoordinatedProduct, technology and evidence inputs aligned with appointed advisers
GoalA file that speaks the regulator's language
Fit check
What should a license fit check clarify?
Before choosing EMI, financial asset services, SVF or MSB, the product needs to be translated into regulatory language. The fit check helps avoid a route that is too expensive, too narrow or wrong for the real activity.
Where are the customers, company and operations?
Israel, the EEA, the UK, Hong Kong, the USA and Singapore require different routes, local roles and presence expectations.
What controls must regulators see?
We check AML, KYC, risk, information security, safeguarding, reporting, supplier agreements and post-approval operations.
What is missing before filing starts?
We identify gaps in documents, ownership structure, team, office, policies, business plan and operational evidence to reduce late rework.
Map
Which financial license do you actually need?
Not every activity needs an EMI. Not every money transfer starts in the United States. First we map activity, country, volume, risk and target users. The client’s appointed qualified professionals then determine and lead any submission.
Credit / financial asset service license
- Regulator / focus
- Capital Market Authority
- Important note
- Relevant for credit, check discounting, currency exchange, financial asset custody and crypto activity depending on the model.
EMI - Electronic Money Institution
- Regulator / focus
- Local EEA regulator
- Important note
- Classic route for wallet, e-money, balances, cards and transfers, with potential EEA passporting.
EMI License through CNB
- Regulator / focus
- Czech National Bank
- Important note
- European route requiring role holders, AML, Risk, IT Risk, Compliance, Audit and a physical office before activity.
AEMI / SEMI
- Regulator / focus
- FCA
- Important note
- After Brexit, EU passporting does not automatically cover the UK. FCA licensing must be checked separately.
SVF Licence - Stored Value Facility
- Regulator / focus
- HKMA
- Important note
- Local EMI-like route for wallet, balances and stored value. Strong fit if a Hong Kong company already exists.
Non-Bank Payment Institution
- Regulator / focus
- PBOC and sometimes SAFE
- Important note
- Complex route. Often better to start through partners such as Alipay, Tenpay or cross-border infrastructure before direct filing.
MSB Registration + State MTL
- Regulator / focus
- FinCEN + state regulators via NMLS
- Important note
- There is no single US EMI license. Federal MSB registration is separate from state money transmitter licenses.
MPI / Standard Payment Institution
- Regulator / focus
- MAS
- Important note
- Strong fintech market in Asia. MPI suits larger activity under the Payment Services Act.
PSP Registration + MSB/FINTRAC as needed
- Regulator / focus
- Bank of Canada + FINTRAC
- Important note
- PSP oversight under RPAA, with risk management and safeguarding obligations depending on service shape.
Remittance / Payment / AUSTRAC + sometimes AFSL
- Regulator / focus
- AUSTRAC / ASIC
- Important note
- Depends on product: remittance, VASP, cards or financial product features can trigger different requirements.
Delivery
What the coordinated support can cover
Fixosoft can coordinate product, technology and evidence preparation for the client and its appointed advisers. Fixosoft does not provide regulatory legal advice or itself submit, represent or manage a regulatory application. The client’s appointed qualified legal and compliance professionals lead those regulated activities, and the regulator decides.
- Application-route and target-country research support
- Business and technology inputs for structure planning
- Coordination with client-appointed legal advisers
- Coordination with client-appointed compliance, AML and risk professionals
- Technical evidence for information security and IT risk
- Operational inputs about office and local-presence requirements
- Document collection support for role-holder and staff reviews
- Supporting materials for professional review and regulator responses
References
Official regulatory references
These links are not legal advice and do not replace local counsel. They help verify licensing routes; current requirements must be checked with regulators and local advisors before a licensing decision.
Israel Capital Market Authority regulation and legislation↗Israel regulated financial services law record↗EBA Payment Institutions Register↗HKMA Stored Value Facilities↗PBOC Non-Bank Payment Institutions↗FinCEN MSB Registration↗FCA e-money institutions↗Bank of Canada RPAA retail payments↗CNB payment and e-money institutions↗AUSTRAC registration↗
License process
License process
Application-preparation supportQualified-professional-led submissionRegulator decides
01
Diagnose activity
Product, countries, money flow, customers, cards, transfers, crypto, credit and stored balances.
02
Build structure
Company, ownership, office, role holders, compliance, AML, security, policies and business plan.
03
Prepare for professional submission
Fixosoft coordinates supporting product and technology materials; the client’s appointed qualified legal and compliance professionals review and submit the application.
04
Support the response workflow
Fixosoft may coordinate document updates and technical evidence while the appointed professionals lead advice, representation and regulator engagement. The regulator decides.
Questions
Questions that prevent expensive mistakes
No magic, no guaranteed approval and no universal route. These answers set the right expectations before the first filing decision.
No. Fixosoft provides application-preparation and coordination support. The client’s appointed qualified legal and compliance professionals lead advice, submission, representation and regulator engagement. The regulator alone decides.
It depends on the country and license. Many routes require a local structure, director, office, compliance officer or role holders before activity.
Not automatically. After Brexit, UK activity must be checked with the FCA and may require a separate license.
An EU EMI is often a strong international signal, but Hong Kong SVF, Singapore MPI or US MSB+MTL may fit better depending on the market.
Before forming companies, signing vendors or promising investors a timeline. Early planning can prevent expensive fixes.
Page maintained and reviewed by the Fixosoft team. Last content review: 19 August 2026.
Start with fit, not forms
Before paying for another initial check, confirm that a real licensing route exists.
Tell us what the product does, where customers are located and how money moves. We will start by identifying the questions that determine the right route.