Use Cases

A multi-currency payment provider integrating both fiat and crypto transactions.

Challenges & Needs:

Client Profile:

Expanding Payment Ecosystem through Regulatory Optimization

Needed a compliant structure to expand operations into Canada.

Struggled to access cost-effective banking solutions due to regulatory concerns.

Faced high transactional costs limiting profitability.

Facilitated acquisition and seamless integration of a pre-registered Canadian MSB into the client’s holding structure.

Ensured a smooth business transfer with necessary compliance and legal documentation.

Aligned regulatory framework to enhance credibility with financial institutions.

Our Approach:

Results & Impact:

Expanded operational geography to North America.

Secured banking relationships, reducing compliance friction.

Lowered transactional fees by 0.5%, increasing profit margins.

An authorized payment institution with over 15 years of experience in international payments and currency solutions.

Challenges & Needs:

Client Profile:

Strategic Licensing & Compliance
for a Global Payment Institution

Required a regulatory upgrade to access European crypto markets.

Sought a structured expansion strategy to comply with future MiCA regulations.

Lacked an effective compliance framework to support a growing user base..

Implemented a dual licensing strategy, incorporating Canadian MSB and European VASP frameworks.

Developed a comprehensive MiCA transition plan to ensure long-term regulatory compliance.

Assisted in re-branding, audience re-targeting, and market repositioning to optimize business potential.

Our Approach:

Results & Impact:

New business opportunities unlocked, with projected revenue growth of €150M per year.

Enhanced credibility and stronger compliance oversight.

Established long-term strategic advisory partnership, ensuring ongoing compliance and operational efficiency.

A newly established fintech startup providing B2B and B2C payment solutions, aiming to operate in both fiat and crypto spaces with the ability to top-up payment card balances using both fiat and crypto.

Challenges & Needs:

Client Profile:

Structuring a Licensing Framework Strategy for a Payment Fintech

Required a cost-efficient and scalable licensing strategy to launch operations.

Needed a regulatory framework that would allow users to top-up payment cards with crypto and fiat while ensuring compliance.

Faced regulatory barriers restricting access to banking and payment processing.

Lacked in-house expertise to navigate compliance requirements across multiple jurisdictions in fiat space.

Developed a strategic roadmap, evaluating multiple licensing options to support both fiat and crypto transactions while enabling payment card top-ups.

Assessed and structured a multi-jurisdictional licensing solution, incorporating:

• VASP Georgia for a crypto-friendly regulatory environment and streamlined registration.
• SVG crypto regulatory framework for cost-effective international expansion.
• Canadian MSB registration to facilitate fiat transactions and banking relationships.

Delivered a turnkey licensing solution, including a pre-licensed entity for rapid market entry.

Created a scalable compliance strategy, ensuring long-term regulatory alignment.

Facilitated banking and EMI introductions, securing essential financial infrastructure to enable seamless fiat and crypto deposits and card top-ups.

Our Approach:

Results & Impact:

Optimized setup costs, reducing regulatory expenses by 35%.

Future-proofed compliance framework, allowing for streamlined expansion across multiple jurisdictions.

Enabled fiat and crypto payment card top-ups, enhancing user accessibility and transaction flexibility.

A money transfer and remittance company specializing in cross-border payments between Nigeria, the UK, and Europe. The company facilitates seamless financial transactions for businesses and individuals, particularly serving the Nigerian diaspora.

Challenges & Needs:

Client Profile:

Business Case: Expanding a Cross-Border Money Transfer Business to Canada

Expansion into Canada to serve the growing Nigerian community, which relies on fast, affordable, and compliant remittance solutions.

Regulatory barriers preventing direct market entry due to Canadian compliance requirements.

Need for a Money Services Business (MSB) registration to facilitate legal operations.

Banking challenges, requiring structured engagement with Canadian financial institutions for operational accounts.

Ensuring compliance with Bank of Canada and FINTRAC regulatory standards.

Integrated a Canadian MSB registration into the client’s existing legal framework, ensuring a seamless expansion strategy.

Assisted in the application and approval process for the MSB, including regulatory documentation, compliance procedures, and AML/KYC policies.

Provided advisory services on aligning operations with Canadian financial regulations.

Facilitated the application process with the Bank of Canada, ensuring that the company met compliance standards, including capital requirements and reporting obligations.

Introduced the company to banking partners capable of supporting C2B and B2B remittance flows between Canada, Nigeria, the UK, and Europe.

Designed a compliance roadmap, ensuring ongoing adherence to FINTRAC AML/CFT standards.

Our Approach:

Results & Impact:

Successful MSB registration in Canada, enabling full-fledged operations.

Seamless integration of Canadian transactions into the company’s existing payment network.

Secured banking relationships, allowing direct access to Canadian financial infrastructure.

Ensured full compliance with Bank of Canada and FINTRAC standards, reducing regulatory risks.

Expanded remittance services, increasing transaction volume by 45% within the first six months of Canadian operations.

Strengthened brand presence within the Nigerian-Canadian community, enhancing customer trust and market penetration.

A crypto trading firm using third-party licensed platforms to operate.

Challenges & Needs:

Client Profile:

Establishing Direct Crypto
Market Access via Own Licensing

Lacked a regulated legal framework, relying on external partners for banking and liquidity.

High intermediary fees reduced profitability.

Needed direct access to crypto markets to remain competitive.

Structured and obtained a VASP license to allow direct engagement with liquidity providers.

Assisted in compliance framework development, ensuring long-term sustainability.

Facilitated banking and liquidity provider relationships for direct market access.

Our Approach:

Results & Impact:

Reduced transaction costs by 40%, improving profitability.

Secured direct banking relationships, eliminating
dependency on intermediaries.

Enabled faster trade execution, strengthening market positioning.

A crypto payment gateway looking to expand into the EU and UK.

Challenges & Needs:

Client Profile:

Structuring a Crypto Payment Gateway for EU & UK Markets

Faced uncertainty regarding MiCA compliance.

Needed a regulatory framework to support fiat-to-crypto transactions.

Struggled to onboard merchants due to compliance concerns.

Structured a hybrid licensing approach, combining Canadian MSB with EU VASP registration.

Assisted in MiCA compliance preparation, ensuring smooth future transition.

Facilitated banking and EMI relationships, enabling fiat transaction flows.

Our Approach:

Results & Impact:

Regulatory stability ensured, allowing seamless merchant onboarding.

Expanded into the UK and EU, increasing monthly
transactions by 50%.

Future-proofed operations for upcoming regulatory shifts.

A B2B payment aggregator servicing global merchants.

Challenges & Needs:

Client Profile:

Assisting a Payment Aggregator with AML Compliance & Licensing

Required stronger AML compliance to maintain existing banking relationships.

Needed a licensing framework to operate in new jurisdictions.

Faced regulatory audits with insufficient internal expertise.

Developed a tailored AML framework aligned with FATF recommendations.

Secured Canadian MSB registration to expand operations.

Provided regulatory audit support, ensuring compliance validation.

Our Approach:

Results & Impact:

Passed regulatory audits with no major deficiencies.

Strengthened banking partnerships, reducing compliance risks.

Expanded merchant onboarding by 35%, increasing transaction volumes.

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