Regulatory Hosting for FinTech
As a global consulting firm, we work with with start ups and established FinTech (Financial Technology) companies globally in offering a bespoke compliance and regulatory hosting solutions, ranging from FCA client on-boarding solutions to marketing promotions advice - complete with EU passporting throughout 29 European countries.
As a start-up FinTech company, we understand that managing your cost base is fundamental to survival. You have a great concept, platform and also funding in place. Now all you need is an FCA regulated platform and a compliant structure, so you can launch your concept into the wider market.
At Vantage Ventures, not only do we assist in creating a bespoke compliant ecosystem around your venture, but also involve and introduce you to our pre-vetted service providers and industry contacts to assist in the promotion (and funding) of your latest venture.
Whilst there are many ‘FinTech Sandbox’ initiatives available for to you test your product within a controlled environment, often Sandbox initiatives will require you to have FCA regulatory hosting and professional indemnity insurance in place – even if you are in soft-launch phase. Vantage Ventures can support you with our consulting services by setting up the FinTech entity as Appointed Representatives, allowing the firm to conduct regulated activities within a compliant ecosystem. This allows the firm to benefit from FCA principles' compliance framework, but also allows you to get to market a lot quicker and at a fraction of the cost of being directly authorised. All of this can be typically achieved within 4 weeks.
US & non-EEA FinTech Companies
As a US or non-EEA based FinTech company, broadening your user-based and the promotion of your latest venture is fundamental to growth and innovation.
Europe being the second largest pool of investors is a huge market to tap into if you have the appropriate regulatory permissions for your venture. UK and European compliance and regulatory responsibilities are just as, if not more important that the growth of your business into Europe.
For example, who are you targeting your services to, have you mapped out a customer journey, KYC, AML, client categorisation, client suitability test etc – the list can be quite onerous if not managed properly.
We support you in your strategic direction in Europe which is designed to be cost-effective and scalable, allowing you to focus on your core business without compromise. Whether you are looking to target new markets, jurisdictions or client types – we can assist you in both concept and realisation phase through our expert compliance knowledge and industry background throughout the UK and Europe to ensure you are able to created a regulated European framework and attract new European users/investors to your platform.
For information about Appointed Representatives, please click here.