Strategic banking relationships for VASPs, CASPs, and regulated fintechs.
We navigate the relationship complexity between regulated fintechs and institutional banking partners — handling documentation, pre-approval, introductions, and active relationship management until onboarding is confirmed.
87%
Pre-approval success rate
40+
Institutions placed
3 wks
Avg. time to introduction
EEA + UK
Banking partner network
The pre-approval advantage
Banking is a regulatory problem, not a transactional one.
The institutions that fail at banking access are not failing because of what they do — they are failing because of how they are documented. We fix the documentation. Then we place the relationship.
Banking is a regulatory problem
Banks do not reject VASPs and CASPs because of who they are. They reject them because the documentation fails to resolve their compliance questions. Every rejection we have reviewed traces back to documentation — not licence type.
Pre-approval eliminates avoidable failure
We obtain informal confirmation from banking partners before formal application. This means your formal application only goes forward when a positive outcome has already been validated. Formal rejection rates for pre-approved applications: under 8%.
Network access is not the constraint
Access to a banker is not a differentiated service. What differentiates outcomes is the quality of the documentation, the profile matching to the right banking partner, and the ongoing management of the relationship through underwriting. That is what we do.
"Formal rejection rates for pre-approved applications: under 8%."
finconduit internal data — banking introductions, 2022–2024
From assessment to
confirmed relationship.
Four defined phases. Clear timelines at every stage. We don't submit applications and step away — we manage the process until the banking relationship is established.
Regulatory Profile Assessment
We review your licence type, compliance posture, AML framework, and existing documentation to establish your banking readiness profile.
Provide current licence documents, existing AML/KYC policies, and any prior banking rejection letters.
Banking Strategy & Pre-Approval
We identify the optimal banking partners for your specific profile, prepare pre-approval documentation, and obtain informal confirmation before formal application.
Review and approve the target banking partner shortlist and documentation strategy.
Application & Active Management
We submit formal applications, manage all correspondence with banking partners, respond to information requests, and advocate for your institution throughout review.
Remain available for any additional documentation requests or internal sign-offs.
Relationship Established
Engagement completeBanking relationship confirmed. We provide a structured handover, document the relationship terms, and remain available for relationship management support.
Complete the banking partner's onboarding checklist and begin operational use of the account.
87%
Pre-approval success rate
Banking introductions
<8%
Formal rejection rate
Post pre-approval
3 wks
Average time to introduction
From engagement
40+
Institutions placed
EEA & UK banking partners
Who this service is for.
This service is for
- VASPsVirtual Asset Service Providers seeking compliant banking infrastructure
- CASPsCrypto Asset Service Providers under MiCA authorisation or equivalence
- EMIsElectronic Money Institutions requiring correspondent or operational accounts
- PSPsPayment Service Providers with complex transaction flows
- FintechsRegulated fintechs that have experienced banking refusals or de-risking
- XBPsCross-border payment companies needing multi-jurisdiction access
This service is NOT for
- Unregulated or unlicensed entities
- Businesses outside the financial services sector
- Companies with unresolved AML findings or pending enforcement actions
- Jurisdictions outside our advisory scope (EEA and UK only)
We only engage where the underlying regulatory profile is sound. This is not a constraint — it is why our introduction success rate is 87%.
Regulatory frameworks we work within
Banking access — the questions institutions actually ask.
Honest answers to the questions that matter before any engagement begins.
Discuss your banking strategy
With our team
We begin with a complimentary banking readiness assessment — an honest evaluation of your current documentation and compliance posture against what institutional banking partners actually require. No commitment. Response within one business day.