The Fintech Association of Georgia is starting to introduce
licensing services
Since its inception, FIA has been taking care of the
development of the fintech sector in the country and offers
unique services to the organizations involved in the said
sector, which will help you obtain various types of licenses.
At the initial stage, you can take advantage of three types of
licensing services: "Licensing of a virtual assets service
provider", "Obtaining permission to engage in open banking"
and "Licensing of a tax service provider". Licenses are issued
by the National Bank of Georgia and that is why, first of all,
FIA offers mediation in communication with them. In addition,
the services include the management of the full cycle from the
development of the relevant license acquisition project to the
acquisition of the license, preparation of necessary
documentation, preparation of mandatory policies/procedures,
project management and communication with the regulator.