Authoripay

This firm operates as a specialized compliance consultancy focused on the financial services sector, specifically for payment and e-money institutions in the United Kingdom and the European Union. The core business involves assisting clients in obtaining the necessary regulatory authorizations from bodies like the Financial Conduct Authority (FCA).

The service portfolio includes a rapid assessment of a client's operational strengths and weaknesses to determine an efficient path to regulatory compliance. The consultancy provides direct assistance in securing e-money and payment licenses, positioning this as a 'fast track' process. Beyond licensing, the firm offers advisory on specific regulatory frameworks, including assistance for firms to become authorized under MiFID II or to obtain a signed opinion for an exemption.

Additionally, the consultancy addresses upcoming regulatory deadlines, such as the implementation of Strong Customer Authentication (SCA), helping businesses implement the required controls. For clients seeking quicker market entry, the firm facilitates arrangements to operate under an existing third-party license and technology or assists in the process of acquiring a stake in an already licensed payment or e-money institution. The business model is based on providing expert consultancy and project management services to navigate complex regulatory environments.

Keywords: compliance consultancy, e-money licence, payment licence, FCA authorisation, MiFID II, Strong Customer Authentication, regulatory compliance, fintech, financial regulation, EU licence