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4 Results from 2022

Ivan Aleksandrov

Ivan Aleksandrov CSO | Fintech Licensing, Core banking & BaaS at Advapay

Application for a Payment or E-Money Institution licence: the main parameters regulators consider

Before applying for a Payment Institution (PI) or Electronic Money Instituion (EMI) licence, you should earnestly assess your chances by taking a look at your company through the eyes of the regulator. If you think you might not yet be ready to apply, take care to fix the flaws, instead of waiting for the regulator to point them out to you. In ad...

/regulation /startups Fintech

Ivan Aleksandrov

Ivan Aleksandrov CSO | Fintech Licensing, Core banking & BaaS at Advapay

Features of Obtaining a Payment (PI) or E-money Institution (EMI) Licence in the Netherlands

The Dutch regulator (De Nederlandsche Bank, DNB) is one of the most active in the EEA in terms of the number of Payment Institution (PI) and E-money Institution (EMI) licences that is issues. In 2021, the regulator issued 14 PI and EMI licences, more than any other EEA country including Lithuania. In total, now (as of 22 June, 2022) 74 Payment Ins...

/payments /regulation Fintech

Ivan Aleksandrov

Ivan Aleksandrov CSO | Fintech Licensing, Core banking & BaaS at Advapay

Payment and E-Money Institution License Costs: What You Need to Know

Do you have a plan to launch a digital bank or payment business anytime soon? Getting ready to apply for a Payment or Electronic Money Institution license? You may not know many things. Therefore, before you start your Payment or E-Money Institution, we recommend you reading this article to find out what kind of costs you will face in the future. ...

/payments /startups Fintech

Ivan Aleksandrov

Ivan Aleksandrov CSO | Fintech Licensing, Core banking & BaaS at Advapay

Industry Outlook 2020-2021: EEA and UK registered E-money and Payment Institutions

We can see the recovery of the fintech industry is back on the agenda. It has been gradually getting back on its feet after the pandemic and gaining the momentum to take businesses forward. According to the Report State of Fintech (CB Insights, 2021), global fintech funding reached a record $132B in 2021, which means twice as much as in 2020, and a...

/payments /startups Fintech

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