WhatsApp and Telegram +44 7563 115980
[email protected]
Issue cards, hold balances and embed payments under a partner’s licence, while your own authorisation is in progress or as a permanent model, on white-label technology built for your product.
Selected engagements from more than 250 licences obtained since 2013, for payment, e-money and cryptoasset firms.
Volkswagen
Payment InstitutionObtained Nexpay’s FCA Authorised Payment Institution licence.
Electronic Money InstitutionObtained Dzing Finance’s FCA Authorised Electronic Money Institution licence.
Obtained Orbital’s FCA Authorised Payment Institution licence.
Not every business needs its own licence on day one, and some never will. A programme under a licensed partner lets you issue cards, open accounts for your customers and move money in as little as one month, under the partner’s permissions and oversight. We select the partner, negotiate the programme and build the compliance operation the partner and its regulator require. When you later apply for your own licence, the programme becomes the track record in your application.
White-label platforms for accounts, payments, wallets and card programmes, built for your product and ready to go live with the licence or programme.
Licensed issuers, programme managers and BaaS providers matched to your product, markets and volumes, with the trade-offs set out.
Commercials, responsibilities, reserves, data and exit terms negotiated so that you can migrate to your own licence.
The onboarding, monitoring, complaints and reporting the partner requires, built to the partner’s standard and run by your team.
Card scheme programmes, BIN sponsorship, processors and the certification steps to launch.
The application for the firm’s own authorisation, with the programme’s record as evidence, and the migration plan.
Registration as an agent or distributor of a licensed principal where that model fits the product.
| Deliverable | What it contains | Who relies on it |
|---|---|---|
| Model recommendation | The licensing model for the business with the reasoning, cost and timing of each option | Board, investors |
| Partner comparison | Shortlisted partners compared on scope, economics, geography and exit terms | Board |
| Programme compliance manual | The policies and procedures the partner requires, approved by the partner | Partner, auditors |
| Launch plan | Scheme, processor, partner and compliance milestones to go-live | Operations |
| Migration plan | The route from programme to own licence with timing and dependencies | Board, regulator |
In as little as one month from partner selection, depending on the product and any card scheme certification required.
The licensed partner holds the regulatory responsibility and sets the standards the firm must meet. The firm remains responsible to its customers and to the partner under contract.
Yes, where the partner’s permissions allow it. Balances are held and safeguarded by the partner, with the firm operating the customer relationship.
Yes. Regulators look for a credible business with a compliance track record. A well-run programme provides both.
The United Kingdom, the EU and EEA, the United States, Canada, Australia, Singapore and Hong Kong, through partners licensed in each.
Tell us what you need and where you operate.