Canadian MSB license sponsorship

TL;DR:

If you’re exploring the Canadian MSB market but don’t want to wait months for your own license, consider operating under an existing licensed entity. With our Canadian MSB license sponsorship model, you get full compliance, banking access, reporting, and infrastructure — all ready to go. One-time setup starts at CAD $5,000, and monthly fees range from CAD $1,500 to $3,500. Faster launch, fewer headaches.


🚀 Launch Your MSB in Canada — Without the Licensing Roadblocks

Setting up a Money Services Business (MSB) in Canada the traditional way takes time, money, and a whole lot of paperwork. Between licensing, AML program development, finding a compliance officer, integrating banking, and satisfying FINTRAC—it can take 6 to 12 months before you’re ready to go live.

There’s a Faster Way: MSB License Sponsorship

With our Canadian MSB license sponsorship model, you can legally operate under an already-approved MSB, and everything you need to be compliant and operational is included.


✅ What’s Included

We’ve bundled everything you need into one simple solution:

  • Operate under a live Canadian MSB license
  • Full AML & CTF compliance program
  • Compliance Officer provided
  • FINTRAC reporting (STRs, LCTRs, EFTs, etc.)
  • Banking and payment processing access
  • APIs for onboarding and transaction management
  • Risk assessment and compliance manuals
  • Ongoing regulatory reporting
  • Ready-to-launch infrastructure
  • Agent structure support (if needed)

💰 Pricing

ServiceCost (CAD)
One-Time Setup Fee$5,000
Monthly Operational Fee$1,500 – $3,500/month*

*Pricing varies based on volume, business model, and risk level.

⚠️ Note: Our Global Advisory Program pricing still applies on top of this, as it covers the strategic advisory, introductions, guidance, and execution support.

💡 Who This Is For

This model is ideal for:

  • Crypto exchanges and OTC desks wanting fiat ramps
  • Remittance providers entering Canada
  • Prepaid card and wallet platforms
  • FX and cross-border payments startups
  • Entrepreneurs testing the Canadian market before investing in a full license

📦 What You Don’t Have to Worry About

  • Hiring a compliance officer
  • Building AML/KYC policies from scratch
  • FINTRAC registration process
  • Bank partner hunting
  • Delays from legal or regulatory approval

📈 Go to Market in Weeks, Not Months

With everything ready, you can launch much faster — saving time, money, and stress. This model gives you full legal coverage while keeping overhead low and operations lean.

Ready to Move Fast?

If this sounds like a fit, let’s talk. We’ll walk you through the structure, timelines, and onboarding process.

This page was last updated on April 17, 2025.