In the financial industry, companies must obtain a specific financial license to operate and provide financial services. The type of license required varies depending on the jurisdiction and the specific services offered, but payment institutions (PI), electronic money institutions (EMI), and banking licenses are among the most common.
Please keep in mind that SDK.finance is a software Platform and doesn’t handle the licensing aspects of launching a financial technology product. This means that financial licensing and regulatory compliance are the customer’s responsibility.
While SDK.finance does not offer financial licensing, our software is designed to help organizations get licensed by providing unparalleled flexibility and customization. Our customers can configure the software according to their specific licensing obligations, making it easy to adapt to the legal requirements of different jurisdictions. It’s crucial that you navigate these regulations carefully for each jurisdiction you plan to operate in.