In Germany, banking and financial services are regarded as strictly regulated and supervised activities – fortunately, because this preserves the respectability and reputation of FinTechs and other companies in the industry licensed in Germany, thus giving them a competitive advantage.


Anyone wishing to conduct banking business or provide financial services in Germany requires a licence from the Federal Financial Supervisory Authority (BaFin) in accordance with the Securities Institutions Act (WpIG), formerly the German Banking Act (KWG). Especially with FinTechs and new business concepts the factor time and money is limited. However, a separate WpIG authorisation requires a great deal of both – not only to obtain it, but also in day-to-day operations, the implementation of the regulations, reporting obligations and other processes requires a great deal of administrative, personnel and investigative effort.


Here comes the good news: you don’t have to have your own approval! Financial services can be carried out under a liability umbrella – we provide this for you. But we are more than just a liability umbrella; we are your partner in all matters relating to the digitalization of the financial world. We have deliberately focused on new business models, such as solutions that work with Distributed Ledger Technology (DLT), because this is where we can deliver decisive added value: We have already developed systems, platforms and all related processes ourselves to make such a business model market-ready. Summarized: We understand the technical and regulatory side and can provide serious support to partners.

In addition to our know-how, which we are happy to contribute to partner projects, we also have a broad network in various areas: from marketing and video production to legal partners, video identity providers and AML tools – we are happy to share our experience, contacts and already developed building blocks, guidelines and processes.