FinTech Services
Fintech sphere is a fairly progressive and promptly developing industry in the modern space. Firms operating in such commercial niches offer financial services to interested clients, the implementation of which uses innovative technological solutions. We are talking about process robotization, blockchain, cloud storage and data usage technology, biometrics, and so on.
Our company consists of unsurpassed FinTech-consulting specialists with plenty of years of expertise in this direction. We provide assistance in licensing, strategic organization and profit optimization for FinTech-companies. Our efforts are aimed at making your company one of the best in your commercial industry.
What does FinTech-consulting include?
Such services line is a rather narrow and subtle specialty, which covers next-mentioned.
- Helping Fintech-companies make and develop essential strategic decisions helping grow their business-projects and take it to the next level of profitability and partnerships.
- Development and detailed thinking of an effective business model and a product line bringing more profit and interest to more consumers.
- Professional assistance in preparation, development and realization of a long-term business-plan.
- Planning and structuring an effective IT infrastructure.
- Assistance in the development of internal procedures and policies implemented to ensure operations and client digital assets security.
- Assistance in obtaining a payment license and permission to carry out transactions with electronic money.
- Providing information about licensing conditions and normative points in different countries.
- Advising on categories and conditions for obtaining licensed permits.
Our specialists are professionals in the field of Fin-Tech consulting. We apply an individual approach to each project, which helps us achieve the most effective results for our clients.
Who needs FinTech consulting
Fintech-companies are structures using innovational technology solutions and IT-products in financial activities. In particular, these are latest business-models and applications and software that have been developed on their basis. Such firms are cheaper and easier to adapt to modifications in market-space.
Fintech-consulting is necessary for those insurance, banking and investment firms using the following advanced mechanisms:
- mobile banking. This’s an opportunity to manage bank accounts and means on them using a mobile application;
- contactless payment systems that can be performed through devices with built-in NFC chips;
- electronic means. This category includes crypto assets and digital wallets;
- services for issuing credit funds, processing and conducting insurance deals, trading transactions on stock exchanges that operate online;
- mechanisms for identifying customers by fingerprints, shape and features of the face, retina and voice.
What jurisdictions do we operate in?
We associate with clients from all over the world, in particular, from the jurisdictions of Europe, Asia, America and other regions. We also work with offshore jurisdictions, offering comprehensive FinTech-consulting just as effectively.
In addition to Fintech, our specialists are also experts in licensing structures from other commercial areas. We work with crypto-licensing, obtaining official permits for gambling projects and other companies.
What is included in our consultant services
Our firm offer a comprehensive content of FinTech-services, including next-mentioned:
- advising on the type and category of licenses in various jurisdictions;
- selection of the most optimal and profitable jurisdiction, taking into account the business strategy and the initial budget;
- assistance in developing a business-plan and strategies for further commercial progress;
- support in opening bank accounts;
- consulting support in obtaining an activity permit with an analysis of potential risks;
- calculation of necessary expenses and cost optimization when opening Fintech-structure;
- company’s IT infrastructure development.
We consider each case individually, trying to direct all our efforts to achieve the most effective result for you. Our experts give you only transparent and honest information.
How much do Fin-Tech consulting services cost?
Our experts calculate the cost of content of Fintech-consulting individually in each case. The total costs depend on what kind of problem, complexity or task you are contacting our company with. You can contact our consultant manager for a preliminary assessment.
Our advantages
- Extensive experience – our specialists have hundreds of FinTech consultations and satisfied customers behind them. We know what you need.
- High professional qualification. In our ranks – only the best specialists who are 100% knowledgeable in their field.
- Great professional reach. We offer an extensive list of services.
- We associate with hundreds of countries being best for Fitech.
- Large area of interaction. We work globally with hundreds of jurisdictions around the world.
- Individual approach to each case and search for the most optimal solutions.
Our firm is focused on honest and most effective cooperation. Our specialists will become your reliable allies in implementation and maintenance of profitable operation of your Fintech-project.
EMI (Electronic Money Institution) is a payment organization that has permission to issue its own electronic currency, its distribution and exchange for fiat currency. The implementation of such an idea should be carried out taking into account all the subtleties of the project, taking into account the peculiarities of the jurisdiction and the list of services that the company is going to provide.
With vast experience in supporting financial projects, we can offer a client almost any EU country to obtain a payment system license.
- The capital required in the European Union for the establishment of an EMI is 350,000 €. Registration takes about six months until the right to register is obtained.
- Also, we provide an opportunity to buy ready-made companies with EMI / SEMI licenses. You can follow the current offers on our telegram channel.
Great payment processing mechanism for European and global community. Licensed payment establishments are ideal solutions for financial services providers, FinTech structures, start-ups processing transactions and money transfers of individuals, organizations, and internet traders. Payment establishments are classified as popular official permission for offering payment solutions for European net stores. EU Payment Services Directive implemented in 2007 describes the legal grounds to European payments field.
Services provided by the Payment Institution
- Services enabling cash to be placed on a payment account;
- Services enabling cash withdrawals from a payment account;
- Execution of payment transactions, including transfers of funds on a payment account with the payment service provider of the payment service user or with another payment service provider: execution of direct debits, including one-off direct debits, execution of payment transactions through a payment card or a similar device and/or execution of credit transfers, including standing orders;
- Execution of payment transactions where the funds are covered by a credit line for a payment service user: execution of direct debits, including one-off direct debits, execution of payment transactions through a payment card or a similar device and/or execution of credit transfers, including standing orders;
- Issuing and/or acquiring of payment instruments;
- Money transfers;
- Execution of payment transactions where the consent of the payer to execute a payment transaction is given by means of any telecommunications terminal equipment, digital or IT devise and the payment is made to the telecommunications network or IT system operator, acting only as an intermediary between the supplier of the goods or services and the payment service user;
- Payment Initiation Service.
- Account Information Service.
Equity capital from EUR 20 000 to EUR 125 000. Limits of Small Payment Institution (SPI) are territories of countries where it is issued. Also, the main criterion by which a company can obtain this license is its annual turnover. The SPI license is issued only to those companies whose annual turnover of funds does not exceed 3 million euros.
In addition, we provide an opportunity to buy ready-made companies with FinTech licenses. You can follow the current offers in our telegram channel.
The specialists of our company are ready to deal with the licensing issues, consultations on taxation, preparation of agreements, AML and KYC procedures, drafting of a business plan, recruitment of employees, filing reports and audit, and software development. Contact a specialist of our company for detailed advice.
Discover our services
The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.