Video | Finding the Right Licence for Your Money Service Business July 27, 2023
In the second instalment of our informative “How to Start Series,” Ibrahim takes a deep dive into the crucial topic of licences and their significance when establishing your very own money transfer business. Obtaining the suitable licence is significant, as it legitimises your venture, safeguards your customers, and builds trust within the market.
In this video, Ibrahim explains the various licences applicable to money transfer businesses, shedding light on their distinct features and requirements. Understanding the types of licences available is vital to ensuring a smooth and legally compliant operation in this industry.
Ready to dive deeper into launching your own MSB?
Contact our expert consulting team at RemitONE today and organise a free 30-minute consultation. Let us guide you towards success and help you get your money service business up and running as fast as possible. Schedule a free consultation with our experts:
Related Posts
-

Ep 11: Stablecoin Settlement for Remittance Providers: Can It Reduce Prefunding, Costs and Friction?
Could stablecoins help Money Transfer Operators (MTOs) move value between partners 24/7, without relying on the same funding model? …
October 14, 2026 -

Remittance Platform vs Cross-Border Payment Infrastructure: What Does Your Business Actually Need?
When choosing how to manage and deliver cross-border payments, it can be difficult to know whether you need a…
October 14, 2026 -

RemitONE Partners with Prime Remit Transfers Limited to Expand Payout Network in Uganda
Expanding into a new corridor usually means months of negotiating local connections, vetting partners and building integrations. A new…
October 14, 2026 -

From Sending Money to Everyday Payments: The Next Chapter for Remittances
Imagine if customers opened your app for more than just sending money? The remittance app is starting to…
August 20, 2026 -

One Payout Partner. More Ways to Reach Africa.
What if expanding your African payout coverage didn’t mean building a new network in every market? For money transfer…
August 20, 2026 -

Episode 10: The New Rules of Cross-Border Payments
Over the past year, we’ve spoken to operators, technology leaders and payments experts about what’s changing in cross-border payments. …
August 18, 2026