13 Nov 2023
The rise of banking-as-a-service (BaaS) and agent schemes is expected to persist due to continuous regulatory tightening on e-money and payment institution licenses. Acquiring one’s own e-money or payment institution license is extremely challenging without a sizable, experienced team, a large client base, and budgets of at least 1 million euros. ...
21 Jul 2022
Before applying for a Payment Institution (PI) or Electronic Money Instituion (EMI) licence, you should earnestly assess your chances by taking a look at your company through the eyes of the regulator. If you think you might not yet be ready to apply, take care to fix the flaws, instead of waiting for the regulator to point them out to you. In ad...
22 Jun 2022
The Dutch regulator (De Nederlandsche Bank, DNB) is one of the most active in the EEA in terms of the number of Payment Institution (PI) and E-money Institution (EMI) licences that is issues. In 2021, the regulator issued 14 PI and EMI licences, more than any other EEA country including Lithuania. In total, now (as of 22 June, 2022) 74 Payment Ins...
14 Apr 2022
Do you have a plan to launch a digital bank or payment business anytime soon? Getting ready to apply for a Payment or Electronic Money Institution license? You may not know many things. Therefore, before you start your Payment or E-Money Institution, we recommend you reading this article to find out what kind of costs you will face in the future. ...