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
-
Upcoming Webinar: How Remittance Providers Can Unlock More Value From Every Transaction
Remittances is no longer just about sending money. Today’s remittance providers are under pressure to do more with every transaction, move faster, open new corridors,…
January 28, 2026 -
Episode 6: RaaS Explained – How Banks and Fintechs Can Expand Cross-Border Without Licensing
This year, something has shifted. Banks and large fintechs are no longer asking if they should expand cross-border—they’re asking how to do it faster? Reduce…
January 27, 2026 -
What the UK’s Fast-Track Licence Means for Fintechs Expanding Cross-Border
Expansion is a present-day requirement for banks and fintechs, but the routes to market are not one-size-fits-all. Fast-track or provisional licences can offer…
January 27, 2026 -
Update: Integrated PEP & Sanctions Lookup Checks
From 1 March 2026, we will introduce an integrated screening service that covers both sanctions and PEPs lookup checks for each transaction on the…
January 27, 2026 -
Cross-Border Payments AI-Powered Fraud Detection – Staying Ahead of Risk in 2026
Fraud in cross-border payments is evolving fast. Criminals are quick to exploit new technologies, leaving legacy systems struggling to keep up. For money service businesses (MSBs),…
December 3, 2025 -
The Next Step for African Central Banks: Technology-Enabled Compliance Solutions
Across Africa, central banks are under increasing pressure to improve transparency and oversight in cross-border payments. As digital transactions grow,…
November 13, 2025