A leading Asian FinTech company planning a major expansion into the Asia-Pacific (APAC) region. Australia, with its mature economy and high adoption of digital services, was their key target market.
The Australian regulator (ASIC) is notoriously strict and demanding. With no local presence or expertise, it was nearly impossible for the client to navigate the application process alone. They needed a trusted partner to guide them through every step of this complex journey.
We provided a turnkey licensing service, managing the most challenging aspects of the process:
Sourcing Local Personnel: We sourced and vetted qualified local directors and compliance officers, a mandatory requirement for obtaining an AFSL license.
Crafting a Regulator-Ready Business Plan: We helped adapt the client’s business plan to meet ASIC’s stringent requirements, detailing all risk management and consumer protection frameworks.
End-to-End Application Management: We prepared and submitted the entire application package and then managed all communications with ASIC through to final approval.
The client successfully entered one of the most challenging yet lucrative markets in the APAC region.
Prestigious License Secured: Obtaining the AFSL license significantly enhanced the client’s brand authority and trustworthiness in the region.
Full Infrastructure Built: The client received not just a license, but a fully operational Australian company complete with the necessary key personnel.
Long-Term Growth Unlocked: The AFSL license empowered the client to offer a wide range of financial services, including those related to tokenized assets and DeFi.
