# Fintech licensing in Georgia

Source page: https://protegra.io/licensing/jurisdictions/georgia/

In Georgia, fintech and crypto licences are issued by the National Bank of Georgia (NBG). The Atlas covers 2 licence types there, in 2 families: bank and payment institution. Each licence page lists its legal basis, fees and decision period with sources.

## Financial regulators in Georgia

- [GeorgiaNational Bank of Georgia (NBG)The National Bank of Georgia is Georgia's independent central bank. It sets monetary policy and price-stability targets, issues the lari, an](https://protegra.io/licensing/regulators/nbg-georgia/)

## Fintech licences available in Georgia

### [Bank / credit institution](https://protegra.io/licensing/licences/bank/)

- [Bank · GeorgiaCommercial bank licenceNBG](https://protegra.io/licensing/licences/bank/georgia/)

### [Payment institution (PI)](https://protegra.io/licensing/licences/payment-institution/)

- [PI · GeorgiaRegistration as a Payment Service Provider (PSP) with the National Bank of GeorgiaNBG](https://protegra.io/licensing/licences/payment-institution/georgia/)

## Main laws

- [Law of Georgia on Payment System and Payment Services](https://protegra.io/licensing/laws/ge-law-on-payment-systems-and-services/): Law of Georgia No 6304-Is of 25 May 2012

## 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. NBG offers pre-application meetings, an innovation hub and a regulatory sandbox; the regulator page explains how to use them. The application goes to NBG, together with the capital, governance and AML documentation the licence page lists.

Last verified: · Author: Danil Marmysh · Reviewed by Anastasia Sidorenkova · © Protegra. Data: CC BY 4.0, cite "Protegra Licensing Atlas". Not legal advice.