Why should global FinTechs have a licensed European entity? Listen as Yana discusses why she believes FinTechs should consider having a European license and a European-based entity. Europe is a very large market and has a relatively high GDP per capita, which translates into higher disposable income and higher spending power. The European regulatory approach is one of the most FinTech friendly regimes globally. Yana talks about why this is beneficial, plus so much more on this Compliance That Makes Sense episode. 

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Today’s episode:

• [00:34] Hello, everybody!
• [00:48] I am recording this on my terrace in Costa Rica, so if you hear animal sounds, you will know why.
• [02:08] Yana shares why having a European license is a good idea.
• [02:38] European regulatory approach is one of the most Crypto friendly and FinTech friendly regimes globally.
• [05:17] The biggest friction point for FinTechs is how to ramp on or ramp off services.
• [07:43] If local payment solutions are important for you, you need to solve this by being licensed in Europe.
• [08:13] Yana believes that if your service relies on payment with credit cards, you need to be licensed in Europe.
• [11:02] Thank you for listening!

Show links:

• Want to know what it would take to get your FinTech license? – Join my FinTech Licensing workshop and find out!