Credit / financial asset service license
- Regulator
- Capital Market Authority
- Fits Rafo-B?
- Yes
- Important note
- Relevant for credit, check discounting, currency exchange, financial asset custody and crypto activity depending on the model.
Do not file a financial license on hope. File with people who know the process.
If you are building a wallet, money exchange, credit service, crypto activity, payment service or international fintech operation, the licensing route can take months. One mistake in documents, role holders or the business model can send the file back to the start.
We support the full path: license selection, company setup, office, role holders, AML, information security, lawyers, regulator responses and approval workflow.
Israel + GlobalIsrael, Europe, Hong Kong, USA, Singapore and more
EMI / SVF / MSBPayment, wallet, credit, financial asset and exchange routes
Full filing teamLawyers, compliance, AML, information security and operations
Fixosoft licensing deskFinancial licenses in Israel and abroad
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
360°Business, legal, compliance, operations and technology support
1Goal: a file that speaks the regulator’s language
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. Then we file.
EMI - Electronic Money Institution
- Regulator
- Local EEA regulator
- Fits Rafo-B?
- Yes
- Important note
- Classic route for wallet, e-money, balances, cards and transfers, with potential EEA passporting.
EMI License through CNB
- Regulator
- Czech National Bank
- Fits Rafo-B?
- Yes
- Important note
- European route requiring role holders, AML, Risk, IT Risk, Compliance, Audit and a physical office before activity.
AEMI / SEMI
- Regulator
- FCA
- Fits Rafo-B?
- Yes, separate from Europe
- Important note
- After Brexit, EU passporting does not automatically cover the UK. FCA licensing must be checked separately.
SVF Licence - Stored Value Facility
- Regulator
- HKMA
- Fits Rafo-B?
- Yes
- 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
- PBOC and sometimes SAFE
- Fits Rafo-B?
- Theoretical yes, practical hard
- 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
- FinCEN + state regulators via NMLS
- Fits Rafo-B?
- Yes, for direct US activity
- Important note
- There is no single US EMI license. Federal MSB registration is separate from state money transmitter licenses.
MPI / Standard Payment Institution
- Regulator
- MAS
- Fits Rafo-B?
- Yes
- Important note
- Strong fintech market in Asia. MPI suits larger activity under the Payment Services Act.
PSP Registration + MSB/FINTRAC as needed
- Regulator
- Bank of Canada + FINTRAC
- Fits Rafo-B?
- Possible
- Important note
- PSP oversight under RPAA, with risk management and safeguarding obligations depending on service shape.
Remittance / Payment / AUSTRAC + sometimes AFSL
- Regulator
- AUSTRAC / ASIC
- Fits Rafo-B?
- Possible
- Important note
- Depends on product: remittance, VASP, cards or financial product features can trigger different requirements.
What we handle in practice
This is not “fill a form and hope”. We build a licensing file that can answer regulator questions: who runs the company, where the money comes from, how customers are protected, how AML is handled, who answers reviews and what happens after approval.
License and target-country diagnosis
Company setup and ownership structure
Local and international lawyers
Compliance, AML and risk officers
Information security and IT Risk
Physical office and local presence
Role-holder and staff screening
Policies, documents and regulator responses
The shortest path is not skipping steps. It is doing them correctly.
The route changes by country and license, but the work order stays clear.
Diagnose the activity
Product, target countries, money flow, customers, crypto, credit, cards and transfers.
Build a regulatory structure
Company, ownership, office, role holders, compliance, security, procedures and business plan.
Prepare and file
Lawyers and compliance officers coordinate forms, policies, explanations and operational evidence.
Respond until decision
We continue with regulator questions, document fixes and preparation for operating after approval.
Before paying for another “initial check”, check whether there is a real licensing route
Send a short description of the activity, countries and expected volume. We will return with a clearer licensing direction and preparation list.
Official regulatory references
These links are not legal advice and do not replace local counsel. They show that this page is based on real licensing routes.
Questions that prevent expensive mistakes
Short answer: no magic, no guaranteed approval, and a lot of work that must be done correctly.
Do you guarantee license approval?
No. The regulator decides. We support, prepare, file, respond and manage the process so the application is as professional and complete as possible.
Can we start without a local company?
It depends on the country and license. Many routes require a local structure, director, office, compliance officer or role holders before activity.
Does an EU EMI cover the UK?
Not automatically. After Brexit, UK activity must be checked with the FCA and may require a separate license.
Which route matters most for international activity?
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.
When should we contact you?
Before forming companies, signing vendors or promising investors a timeline. Early planning saves expensive fixes.
Want to file a financial license without discovering halfway that half the file is missing?
Leave details through the contact form. Mark that this is about financial licenses and we will come back with the right first questions.