BMP Global

A prominent trend in Europe is the continuous strengthening of regulations, particularly regarding small payment institutions. While these evolving regulations aim to ensure secure financial operations, they have made the licensing process more intricate. E-commerce companies find themselves under increasing scrutiny.

However, rather than viewing this as an obstacle, it's an opportunity for innovation and adaptability.

That is where BMP Global empowers growing companies in the fintech world, helping them establish fruitful partnerships and navigate the regulatory landscape with ease.

BMP Global specialises in financial licensing solutions integrated with core banking software, offered as SaaS or on-premises options. It streamlines the establishment of payment institutions by connecting clients with the right financial partners.

The comprehensive solution suite of BMP Global offers a complete package of integrated fintech solutions that includes license acquisition, seamless integration with financial institutions, and essential core banking software. Clients have the flexibility to choose between software rental or purchasing tailored solutions to their needs, making BMP Global a one-stop destination for all fintech requirements.

The wide array of licensing solutions includes the highly sought-after Canadian-based Money Services Business (MSB) license, which is in high demand throughout Europe. It makes customer onboarding easier and provides greater flexibility for fintech operations. Clients can save time by purchasing a company that already has a pre-obtained license and can focus on their business while BMP Global takes care of the licensing process.

“We bring all these essential elements under one roof, offering a holistic solution to our clients, ensuring that their financial ventures flourish with simplicity and excellence,” says Eugene Fedyanin, chief business development officer at BMP Global.

The in-house IT division, with a dedicated team of 500 developers, helps clients in implementing these solutions and leveraging the complete benefits brought by its technology. Whether it's incorporating special modules, meeting specific regulatory requirements, or seamless enterprise resource planning (ERP) platform integration, BMP Global excels in delivering tailored features, including crypto wallet integration, for a dynamic fintech solution. It also optimises processes for time and cost efficiency in navigating complex regulatory requirements within the financial sector, and its customer-centric guidance expedites procedures while making sure all formalities are met, empowering clients to navigate intricate processes effectively and achieve their fintech goals.

For clients dealing with the complexities of multiple international depots, BMP Global simplifies the process by helping them establish in-house financial institutions, providing streamlined solutions for money remittances. This service significantly reduces the intricacies associated with dealing with various countries' banking systems, enhancing operational efficiency and cost-effectiveness.

The firm supports clients looking to venture into simple trading operations, providing expert guidance and facilitating the establishment of basic trading systems. Aspiring entrepreneurs aiming to build complex financial entities akin to renowned companies like TransferWise or Revolut benefit from its comprehensive guidance.

An example of this capability can be seen when one of its clients initially focused on standard online currency exchange operations aimed to expand its services. Their goal was to develop a comprehensive money remittance platform that went beyond simple currency exchanges, enabling customers to seamlessly open accounts and conduct payments. In this scenario, BMP Global stepped in as a pivotal partner, embarking on a collaborative journey with the client. It played a central role in assisting the company by facilitating the acquisition of necessary licenses, orchestrating complex integrations, and implementing essential software solutions. This partnership brought their visionary platform to life.

BMP Global champions adaptability. It connects payment institutions with new jurisdictions and licenses to navigate evolving regulations. Its client-centric approach fosters lasting relationships. It recognises opportunities in underserved regions, offering substantial double-digit growth over the next decade. In this dynamic landscape, BMP Global's expertise in knowledge and adaptability shines.