On the bright side Finex got 2 days ago regulatory approval for our upcoming product.
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Every detail of the product and procedures has been fully reviewed and deeply scrutinized (operational, security, ...). Having a full KYC/AML platform completely developed internally definitely helped in reassuring re: customer data protection.
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Over the next weeks the product will be launched, focusing on fine tuning, showcase live operations and demonstrate the soundness of our solution to the regulator. Later this year we plan to ramp up operations to compete with traditional offerings.
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Talks with regulators in another jurisdictions are also in progress to provide more coverage. Exciting times
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