# Fintech licensing in South Africa

Source page: https://protegra.io/licensing/jurisdictions/south-africa/

In South Africa, fintech and crypto licences are issued by the Financial Sector Conduct Authority (FSCA). The Atlas covers 4 licence types there, in 2 families: investment firm and virtual asset service provider. Each licence page lists its legal basis, fees and decision period with sources.

## Financial regulators in South Africa

- [South AfricaFinancial Sector Conduct Authority (FSCA)The FSCA is South Africa's dedicated market-conduct regulator, supervising how financial institutions treat customers across banking, insura](https://protegra.io/licensing/regulators/fsca-south-africa/)

## Fintech licences available in South Africa

### [Investment firm / broker-dealer](https://protegra.io/licensing/licences/investment-firm/)

- [IF · South AfricaFinancial Services Provider licence - Category I (advice and/or intermediary services, non-discretionary, incl. crypto assets)FSCA](https://protegra.io/licensing/licences/investment-firm/south-africa-fsp-cat1/)
- [IF · South AfricaFinancial Services Provider licence - Category II (discretionary FSP)FSCA](https://protegra.io/licensing/licences/investment-firm/south-africa-fsp-cat2/)
- [IF · South AfricaOver-the-Counter Derivative Provider (ODP) authorisation under the Financial Markets ActFSCA](https://protegra.io/licensing/licences/investment-firm/south-africa-odp/)

### [Virtual asset service provider (non-MiCA)](https://protegra.io/licensing/licences/vasp/)

- [VASP · South AfricaCrypto Asset Service Provider licence (an FSP authorisation category under FAIS, not a MiCA-equivalent regime)FSCA](https://protegra.io/licensing/licences/vasp/south-africa/)

## Main laws

- [Financial Advisory and Intermediary Services Act, 2002](https://protegra.io/licensing/laws/za-fais-act-2002/): Act No. 37 of 2002

## 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. The application goes to FSCA, 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.