Today, Yana is going to share the pros and cons and different approaches to buying an already established FinTech company versus starting a new one and applying for your own license. Yana is in the middle of a project that actually involved both, so she feels she has a unique view on comparing the results and efforts. Listen as Yana describes the main advantage and disadvantage of buying a licensed company, plus so much more on this Compliance That Makes Sense episode. 

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Today’s episode:

• [00:34] Hello, everybody!
• [01:50] The first advantage of buying a licensed company is that you can continue operating the business.
• [02:46] Yana shares the major disadvantage of buying a licensed company.
• [04:01] Can you explain what happens when you buy a business/company?
• [05:48] Yana speaks about an acquisition scenario.
• [08:00] You may not always know what they include in the scope when you buy in a different country.
• [09:51] Another important change you need to discuss the purchase with your bank.
• [11:50] Yana speaks about how the change in control is getting approved by the regulators.
• [13:01] There is almost always a need to submit a new regulatory plan with one important exemption.
• [16:14] Yana shares some examples of what she has been discussing around purchasing financial institutions.
• [20:01] Yana discusses the last argument or idea she would like to share.
• [22:48] Thank you for listening!

Show links:

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