Fintech licensing in Bermuda
In Bermuda, fintech and crypto licences are issued by the Bermuda Monetary Authority (BMA). The Atlas covers 6 licence types there, in 4 families: bank, fund manager, investment firm and virtual asset service provider. Each licence page lists 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 by mapping the activities you plan to offer onto the licence types above; the activity pages show which licence permits each one. BMA offers pre-application meetings and a regulatory sandbox; the regulator page explains how to use them. The application goes to BMA, together with the capital, governance and AML documentation 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.