I am really happy and excited when my network contacts or blog readers or even random FinTech enthusiasts reach out to me and ask their questions. Please keep them coming – this is how I learn about your most common concerns and challenges and can produce better and more relevant Read more…
In this episode, I run through some of the common mistakes that FinTech founders make when trying to build relationships with the government, and I share some helpful strategies for how to build these relationships more effectively. If you found value in this episode, I would really appreciate it if Read more…
You know what almost all compliance officers REALLY want? They want to work on cool innovative projects, they want to work with simple tools, they love learning new things and they want to be appreciated for what they do. It’s that simple. 😉 But… What do they believe? What shapes their Read more…
Many FinTech companies in Europe (and other places with VAT equivalent) are asking me if it’s correct to assume that crypto and FinTech businesses are generally VAT exempt. Almost – with one big exemption. It is very common for many FinTech companies to have hybrid business models where you charge Read more…
I wanted to talk to you about geo-expansion and how to prepare for them. Here are the most common questions that come up when you decide to offer your services in a new country. Which countries to launch first? All at once or in sequence? 🤔 Ideally, the sequencing of a Read more…
After noticing that there’s a lot of confusion around the difference between client fund segregation and deposit protection schemes, I decided to clear that up in today’s episode by diving into what exactly client fund segregation is, why it exists, and how to approach it! If you found value in Read more…
Today, I wanted to tell you about one fun fact… Recently licensed FinTech companies are typically super excited, they prepare their PR statements and go on a roadshow to announce their license approval to the world. In 100% of the cases I know of, they say something inaccurate or politically Read more…
Welcome to episode 100! In celebration of reaching this milestone, I have dedicated this episode to explain why I do what I do, and what I love about my job. Thank you for being a part of the Compliance That Makes Sense journey so far! If you found value in Read more…
Let’s assume you need to complete an AML/operational/IT audit. You received the first quote from the audit firm and you are about to have a panic attack or something along those lines. 😩 🤯 😬 So, how do you go about negotiating your audit fees? Old fashion strategy would be Read more…
Let’s talk about the relatively new phenomena of licensing pre-applications and how to make them go quickly. ⏩ License pre-application phases are introduced by many (but not all) regulators as a formal step before you can apply for any license or authorization. Regulators don’t want companies to just send them an Read more…