Money Transmitter License Software for Fintech Startups
Brico helps fintech startups apply for and maintain money transmitter licenses (MTLs) across multiple states fast, accurately, and for a flat monthly fee. Skip law firm delays and move to market faster with smart workflows and expert-backed support.
Faster Money Transmitter Licensing for Fintech Startups
Brico helps fintech startups get licensed faster, without hiring expensive legal help. Our platform combines automated workflows, smart data mapping, and expert-backed guidance to streamline money transmitter license (MTL) applications across all 50 states. From filing to renewals, Brico gives your team one centralized hub to stay compliant, audit-ready, and launch-ready.
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.
Frequently Asked Questions
Answers to common questions from early-stage fintech teams navigating money transmitter licensing.
How long does it take to get a Money Transmitter License (MTL)?
Brico reduces the typical application timeline by up to 80%. Exact timing depends on each state’s regulatory body, but our platform and expert team help you move faster.
Can I apply for multiple MTLs at once?
Yes. Brico’s smart data mapping and automation allow you to submit multiple state applications efficiently—without duplicating your effort.
Do I still need a lawyer to get MTLs?
Only for determining which licenses your business needs. Once your legal team confirms that list, Brico handles the rest—no law firm required.
Schedule a Demo
Launch faster. Nail compliance.
Let Brico support your first MTL application and scale with your startup