When your licensing hits a roadblock, who do you call?
Most licensing software tracks requirements. Brico pairs the platform with compliance professionals who work with state regulators on an ongoing basis. So when your team runs into an unforeseen obstacle, your dedicated Brico expert can figure out a workaround.
Built for teams managing money transmission, digital assets, lending, and mortgage license compliance across multiple states.
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- 15,000 licenses under management
- Regulatory advisory roles at DFPI and NYDFS
- A compliance team drawn from Block, Robinhood, Airwallex, Caliber Home Loans & more
- Zero application rejections
Compliance expertise
VP of Operations & Compliance, Founding Team
Christina has spent nearly a decade inside fintech compliance, holding senior roles at TrueAccord and Next Insurance, and across practically every regulated corner of financial services, before joining Brico's founding team. She's seen licensing from every angle: on a one-person compliance team and at a global company, and it was always the same story: manual, slow, and under-supported.
At Brico, she advises customers on regulatory compliance and strategy, manages Brico's team of licensing experts, and was part of the direct conversations with DFPI that led to the DFAL surety bond change. She holds a B.A. in Legal Studies from UC Berkeley. She speaks on state licensing and compliance at industry events, including NMLS, ACAMS and MTRA.
Brico CEO & Co-Founder
Snigdha led product operations at Digit and Opportun, where she ran headfirst into the same licensing maze Brico now solves, a process she's described as cumbersome, painful, and "without any joy whatsoever."
She holds a Master's in Public Policy Analysis from Harvard Kennedy School and sits on the Financial Innovation Advisory Board at the New York State Department of Financial Services, advising regulators directly on where technology can responsibly modernize financial oversight. She's also spoken publicly on fintech and licensing at Money20/20.
Director, Compliance, Data & Reporting
Kate holds a CAMS (Certified Anti-Money Laundering Specialist) designation and has obtained and maintained licenses for companies like Airwallex, OFX, and Ria Financial, with a foundation in tax and banking before she moved into licensing work. She's known on the team for her ability to dig into transaction reports and spot the trends and anomalies that turn into regulatory problems before they surface, work that's helped customers avoid violations and fines and clean up their underlying data systems.
The broader compliance team
Brico's compliance team is built from people who've worked inside the institutions they now help license, including prior roles at Block, Airwallex, OFX, Ria Financial, Instawork, Robinhood, Caliber Home Loans, Bank of America, New American Funding, and American Financial Network.
What your licensing expert actually does
Every Brico account has a named licensing expert. They interpret the state-specific nuances, tell you what a regulator is actually asking for, and prepare filings alongside your team. What that looks like depends on where you are.
- Getting your first licenses. Application prep, explanation of definitions and jargon, regulatory-ready document drafting, help avoiding regulator red flags, and coaching around how to respond to deficiencies.
- Expanding into new states. Explaining additional obligations, plus adapting your existing application materials to the new states’ requirements.
- Adding a product line. A new product means new regulatory obligations. Your expert can work through how this impacts your organization and plan for the near, medium and longterm.
- Ongoing readiness. Renewals, quarterly and annual reports, advance change notices, and exam preparation, handled on a schedule you can see.
- Getting your first licenses. Application prep, explanation of definitions and jargon, regulatory-ready document drafting, help avoiding regulator red flags, and coaching around how to respond to deficiencies.
- Staying ahead of changes. With Brico monitoring the rules and regs at the federal and state level, notifying you of additional license requirements, you can finally get peace of mind.
We'll also tell you plainly when a question needs a legal opinion, so you can take it to your counsel.
Advisors
CEO & Co-Founder
LexText AI
Formerly an Enforcement Attorney at the Consumer Financial Protection Bureau (2011–2014), and General Counsel at HomeLight and Near.
Managing Principal
Broadmoor Consulting
A career spanning C-suite roles at major banks, now a Senior Fellow at Columbia Business School's Richman Center and a fintech law instructor at Columbia and Stanford.
Partner, Fintech and Payments
Paul Hastings LLP
Formerly an Enforcement Attorney at the Consumer Financial Protection Bureau (2011–2014), and General Counsel at HomeLight and Near.
What being close to the process looks like: the DFAL surety bond
In spring 2026, DFAL applicants ran into a major problem.
California's Digital Financial Assets Law set the tangible net worth threshold for DFAL applicants at $100,000, accessible for a broad range of fintechs. But surety bonds have to be underwritten by insurers, and insurers pricing a brand-new asset class with no historical loss data set their own bar: $10 million in net worth, plus multiple years of positive earnings.
By June 2026, roughly 75% of companies seeking a DFAL bond were expected to be turned away. With the filing deadline weeks out, those companies were facing a hard stop for reasons that had nothing to do with whether they met California's actual licensing requirements.
DFPI engaged directly with industry practitioners throughout DFAL's rollout, including on concerns about the bond structure. Our VP of Operations and Compliance, Christina Luk, was part of those ongoing conversations with the Department. When the insurance market response confirmed the problem at scale, DFPI's senior leadership assessed the policy and economic consequences and removed the bond as a prerequisite for submitting a substantially complete application ahead of the July 1, 2026 deadline.
We didn't change the rule. DFPI did. But we were close enough to the process to see the problem forming, and credible enough to raise it in a way that got heard. For DFAL applicants, that was the difference between filing by July 1 and waiting for an insurance market that wasn't going to move.
Read the full account →
Track record
- 1Money: secured nationwide MTLs in weeks, not months, with a lean team and no additional hiring
- PAX Markets: compressed a multi-state MTL timeline into months for a 4-person startup
- Funding Circle (iBusiness Funding): 32% cost reduction and 50% legal-team time savings on SBA licensing
- LB Finanzas: U.S. MTLs secured 50% faster and at 90% lower cost than traditional law firms
- BitGo: ~50–60% time savings on ongoing licensing work
Contact Us for More Information
Contact us for media inquiries or schedule a demo to learn more about Brico