August 12, 2020 –
fintech-case
Our firm is the legal advisor to major payment service providers in the region such as Finvault, Paytabs, and dLocal.
  • Currently working on three (3) applications for seeking money services license in DIFC (Categories 3D and 4)
  • Currently working on three (2) applications for seeking money services license in ADGM (Category 3C)
  • Currently working on two Innovation Testing licenses in DIFC

Acted for several clients in incorporating DED and free zone companies (payment service providers activities)

Assisted Startoken Ou in obtaining a crypto license in Estonia which includes providing a virtual currency service, providing services of exchanging a virtual currency against a fiat currency, providing a  virtual currency wallet service, providing services of exchanging a virtual currency against a virtual currency, and making sure that the company is legally compliant in Estonia (AML officer, compliance officer…)

  • Assisting our clients in obtaining Electronic Money Institution license and Payment Institution license in EU
  • Acted for/assisted several clients in applying for the SAMA regulatory sandbox application
  • Currently working on two (2) applications obtaining Major PI license in KSA
  • Expertise in obtaining initial approval and final license for Major/Minor PI and Major/Minor EMI from Saudi Central Bank