Money Transmitter License Software for Crypto Companies
Brico helps crypto companies apply for and maintain money transmitter licenses (MTLs) in all 50 states, plus BitLicense in New York and Louisiana Virtual Currency License. Our regulatory software combines automation and experts, simplifying multi-state licensing compliance and saving you money.
Why Crypto Companies Need Licensing Help
Navigating money transmitter laws is especially challenging for crypto startups. Every state has its own interpretation of how money transmission applies to digital financial assets — and regulators are watching closely. Brico helps teams get licensed faster, without burning time or budget.
Confusing State-by-State Rules
Money transmission laws are applied inconsistently to crypto across the U.S., creating complex and risky gray areas for founders.
High Scrutiny, Zero Room for Error
Regulators are under pressure to monitor crypto companies closely. Strong license applications are essential.
Services Firms Are Expensive
Traditional law firms and licensing consultants charge in the millions of dollars. Brico offers affordable flat fees to give you control over your budget.
Why Leading Crypto Companies Choose Brico
Licensing crypto operations isn’t just about checking boxes, it’s about protecting your ability to operate. Brico streamlines the process of applying for and maintaining money transmitter licenses (MTLs) across all 50 states, plus New York’s BitLicense plus Louisiana's Virtual Currency License. We combine automation with deep licensing expertise to help you apply 5x faster at a fraction of the cost of legacy services firms.
Up-To-Date Requirements
100+ checklists, 500 pages of state code distilled to create up-to-date actionable and easy to understand requirements across all US states.
Intelligent Automation
Auto form-filling and faster application preparation by leveraging smart data mapping.
Reduced Paperwork
Over 200 paper forms digitized in-product so you reduce reliance on physical paper
Centralized Source of Truth
Centralize all work and knowledge in one platform to own your source of truth for future exams and audits. Never lose context during team expansion or employee turnover.
Built-in Project Management
Effortlessly collaborate with team members and external vendors by assigning tasks, automating reminders and feedback. Save valuable time by eliminating the need for repetitive follow-ups on tasks.
Licensing Expert-in-the-Loop
Get the benefit of a dedicated licensing expert to help unblock any hurdles in addition to the guidance in our platform.
Chief Compliance Officer, 1Money USA, Inc.
Schedule a Demo
Discover how Brico can simplify your new license applications.