A financial license application refers to the process of applying for a license or authorization from a regulatory authority to operate in the financial industry. Financial licenses are typically required for entities engaging in regulated financial activities, such as banking, insurance, securities trading, payment services, asset management, or other financial services.

Additionally, licensing is necessary to render qualified intermediary and payment services in the financial sector. Otherwise, the company’s activity is considered illegal and the company itself is subjected to legal prosecution, according to the local legal regulations of different provinces.

Samepage has experienced professionals who will assist you through the entire procedure of payment license application including assistance in the preparation & drafting of legal documents, submission of application, and responding to any queries from the Central Bank.

We request you to get in touch with our lawyers at the earliest to understand the entire process in detail and then apply for a payment license.

Samepage’s lawyers offer financial licensing solutions in various jurisdictions of the European Union, such as Estonia, Ireland, Liechtenstein, Germany, Malta, Cyprus, Lithuania, Czech Republic, etc. Upon the company registration process and license acquisition completed. Samepage provides full follow-up support: license renewal (if applicable), compliance support services, support in risk assessment, legal services, workshops and seminars within organizations, legal opinions, advice on general data protection provisions (DPO and GDPR).