Fintech licensing in Bermuda
The Bermuda Monetary Authority (BMA) issues the fintech and crypto licences in Bermuda. Here the Atlas covers 6 licence types, in 4 families: bank, fund manager, investment firm and virtual asset service provider. Each licence page has its legal basis, fees and decision period, with sources.
Financial regulators in Bermuda
Fintech licences available in Bermuda
Bank / credit institution
Fund manager
Investment firm / broker-dealer
Virtual asset service provider (non-MiCA)
Main laws
- Digital Asset Business Act 2018: 2018 : 28
Path to market
Start with your activities. Match them to the licence types above: the activity pages show which licence permits each one. BMA runs pre-application meetings and a regulatory sandbox, and the regulator page explains how to use them. Applications go to BMA. They carry the capital, governance and AML documentation that the licence page lists.
Need this licence, or a different one?
Tell us your business model and target markets. We check the fit before you spend on an application, then handle the licence end to end.
A free preliminary assessment: we check your business model against the licence before you spend on an application. We handle this licence and any other fintech licence, including jurisdictions the Atlas does not cover yet.