Licensing

License Application and Strategy Services

State licensing for financial services can be complex and time-consuming. Requirements differ across jurisdictions, and submissions often involve sensitive information about company officers, ownership, and financials. FS Vector helps you simplify the process through a proven license application and strategy approach designed to help companies stay compliant and move faster. Our expertise covers all state license types - money transmission and payments, lending, brokering, collections, servicing, mortgage, digital assets and crypto, escrow, auto finance, etc. Our licensing strategy combines regulatory and product expertise with advanced licensing technology. We lead your team through every phase of the licensing process, from designing a licensing strategy through submitting applications and ultimately maintaining licenses. FS Vector helps you secure approvals efficiently and confidently.

FS Vector’s team of licensing experts and licensing technology platform, Approved, streamlines the application process, helping companies navigate state requirements and secure licenses more efficiently. Our process is informed by decades of regulatory expertise and trusted by fintechs, start-ups, and established financial institutions.

Phase 1: Preparation

We help you get application-ready by developing core materials (business plan, compliance program, financials) as well as coordinating all required items, such as state registrations, surety bonds, fingerprints, background checks, and more.

Phase 2: Submission

We compile and finalize your application, then support submission through NMLS, state portals, or direct physical filings as required.

Phase 3: Follow-up

We help manage regulator requests after submission, gathering additional materials, refining business plans or compliance documentation, and delivering tailored responses that align with state expectations.

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