Get Licensed to Move Money Across the U.S.
Most U.S. states require money transmitters to obtain a state license or otherwise qualify for an applicable exemption. We build your licensing roadmap, prepare every NMLS application, and manage regulator questions from submission to approval.
The application is paperwork. Approval is preparation.
Regulators review your financials, ownership, compliance program and controls before they approve. As AML specialists, we build that foundation first, so your applications move through review with fewer questions.
Multi-State Strategy
Prioritized by your launch markets
Application-Ready AML
The program regulators expect to see
Post-Licensing Support
Renewals, reports and exams
Who needs a money transmitter license
Payment & Remittance Companies
Businesses moving funds for customers, domestically or abroad.
Crypto & Digital Asset Platforms
Exchanges and wallets that transmit virtual currency.
FinTech, Gaming & Payroll
Stored value, sweepstakes payouts and payroll platforms that hold or move customer funds.
How it works
Licensing Assessment
We confirm where you need a license and whether any exemptions apply.
Foundation Setup
Your entity, FinCEN registration and AML program are in place before you apply.
NMLS Applications
We prepare and file state applications with financial statements and surety bonds.
Regulator Follow-Up & Approval
We handle regulator questions through to approval and schedule your renewals.
Frequently Asked Questions
Is there a national money transmitter license?
No. Licensing is handled state by state. You also need to register with FinCEN as a Money Services Business at the federal level.
How much does a money transmitter license cost?
It depends on the states you apply in, their surety bond and net worth requirements, and application fees. Costs grow with each state, so we help you prioritize where to license first.
Do crypto businesses need a money transmitter license?
In many states, yes. Exchanges, wallets and other platforms that transmit virtual currency often need licenses, and some states have separate crypto regimes, such as New York's BitLicense.
Get licensed to move money with confidence
Book a free consultation and build a multi-state licensing plan for your business.