- +01 (977) 2599 12
- [email protected]
- 3146 Koontz Lane, California
Digital technologies are transforming every aspect of our lives, including finance. The demand for fast cross-border transactions has led fintech to surpass traditional banking, while regulations struggle to keep pace. Startups often face regulatory challenges, making a fintech specialist essential.
At Blockrunner, we’ve guided clients through complex regulatory landscapes, securing financial licenses across various sectors. We leverage a global network of experts to ensure legal compliance.
Founded on deep expertise in financial technology, our team combines academic excellence with real-world experience in operations, marketing, and compliance.
The first step in obtaining a financial license is selecting the jurisdiction that best aligns with your business goals. Blockrunner will guide you in choosing the most suitable jurisdiction and license for your specific needs. Our team of experts will provide you with detailed information on licensing requirements, including paid-up capital, local economic substance conditions, timelines, and procedural details, all before the engagement begins.
BlockVerse will begin due diligence on the company’s directors and shareholders. After collecting all necessary Know Your Customer (KYC) credentials, incorporation forms, and power of attorney documents, we will proceed with the official registration of your corporate entity in the chosen licensing jurisdiction.
BlockVerse will assist in setting up a corporate bank account with a trusted financial institution. This account will hold the minimum paid-up capital needed to obtain the desired license.
The cross-functional team at Blockrunner will carefully prepare all necessary documentation for the licensing application. This may include a business plan, financial projections, various AML and KYC policies and procedures, and application forms, depending on local requirements.
Utilizing its extensive network, BlockVerse will assist in recruiting qualified local directors and employees. Additionally, our team and partners will find appropriate physical locations to meet licensing requirements. We collaborate closely with each client to identify the best solutions that balance their needs with cost considerations.
Upon the completion of the aforementioned steps, Blockrunner will submit the license application to the local regulatory authority. Once submitted, our team will interact with the local regulator and respond to any inquiries concerning the licensing application. Once the license is approved and issued, our team will remain in regular contact with the client to respond to any ongoing questions regarding the scope and applicability of the license.
BlockVerse has established relationships with over one hundred banks, payment providers, and payment processors crucial for launching operations. Our team will work with you to identify the best financial partners and facilitate the necessary account openings or partnerships.
— Hasham Warraich
A successful blockchain business requires a top-tier industry expert by your side at all times. Partner with Hasham Warraich, the “Entrepreneur’s Accelerator” and a blockchain industry expert consultant, to launch your blockchain project today.
