Insights

Brico is transforming financial licensing by automating 80% of the process and cutting costs by 50-60%. In just nine months, we’ve helped companies like Funding Circle, Bilt and Marqeta streamline compliance. Backed by top investors, we’re setting a new standard in the industry. Learn more about our journey here.

Funding Circle used Brico's automated platform to streamline the SBA license application process, achieving a 32% cost reduction and saving 50% of the legal team's time. Brico's efficiency helped secure licenses faster and expanded operations effortlessly.

X's Money Transmitter Licenses (MTLs) mark a major step in its goal to become an all-in-one app. With MTLs, X can facilitate peer-to-peer transactions, creator payments, and even international transfers, though regulatory hurdles remain ahead.

Considering getting Money Transmitter Licenses (MTLs)? It can be pricey, but we break down the real costs for you. From state fees and surety bonds to registered agents, find out what to expect and plan your budget with clarity.