Scale MTL Maintenance Without Scaling Your Team
Brico helps enterprise money services businesses (MSBs) manage multi-state money transmitter license (MTL) compliance without adding headcount. Automate reporting, renewals, and license tracking in one centralized platform backed by regulatory experts.
Why Multi-State MTL Compliance Breaks Enterprise Teams
Managing 50+ money transmitter licenses across states stretches even the most experienced compliance teams.
Without centralized systems, deadlines get missed, reports slip through, and regulatory risk compounds.
Without Centralized Tracking, Filings Get Missed
Spreadsheets, inboxes, and shared drives can’t keep up with multi-state license management. When deadlines are scattered across tools, reporting gaps and missed renewals are inevitable.
Every State Plays by Different Rules
License renewal dates, reporting formats, and surety bond requirements vary by jurisdiction. Without a system to track them, teams burn time chasing regulators—and risk fines for non-compliance.
Audit Stress and Regulator Risk Build Fast
Scattered documentation and unclear responsibilities make audits painful. When information is siloed and filings aren’t logged in one place, regulators lose trust—and enterprise risk increases.
MTL Compliance Without Headcount Headaches
Brico helps enterprise fintechs and MSBs automate license renewals, regulatory reporting, and compliance workflows across all 50 states. With built-in deadlines, audit trails, and expert-backed oversight, Brico cuts costs, reduces risk, and keeps your team focused on strategic growth.
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.
Director of Regulatory Enablement at Bilt Rewards
Frequently Asked Questions About MTL Compliance for Enterprise MSBs
Enterprise compliance teams often ask how Brico fits into their existing workflows, risk frameworks, and state-by-state licensing strategies.
Here are answers to the most common questions about security, scalability, and replacing manual license management.
What tools does Brico replace?
Brico replaces spreadsheets, shared drives, manual trackers, and email-based license management systems. You get one centralized platform to manage all MTL compliance tasks and deadlines.
Can Brico support 50-state license portfolios?
Brico replaces spreadsheets, shared drives, manual trackers, and email-based license management systems. You get one centralized platform to manage all MTL compliance tasks and deadlines.
Is Brico secure and audit-ready?
Yes. Brico is built with enterprise-grade access controls, role-based permissions, and full audit trails. Your license data stays secure, and your compliance records stay ready for regulator review.
Schedule a Demo
Reduce compliance costs. Derisk your license maintenance.
Find out how Brico can streamline your MTL maintenance and scale with your organization.