Brico raised $8M in seed funding to automate fintech licensing processes.
09/11/24, 5:27 PM
Location
san franciscoMoney raised
$8 million
Industry
fintech
saas
financial services
software
Round Type
seed
Brico, a SaaS platform, secured $8 million in seed funding to enhance its automated license management tool for fintech licenses. This funding will enable Brico to streamline the application and maintenance of necessary licenses, significantly reducing the manual workload involved.
Company Info
Location
san francisco, california, united states
Additional Info
Brico is a SaaS platform that automates the management of fintech and financial institution licenses. It simplifies the licensing process by providing tools for applying, maintaining license status, and ensuring compliance with regulatory requirements. The platform supports various financial licenses, including those for credit, money transmission, and mortgage loan origination. With the help of AI, Brico enhances the efficiency and accuracy of the application process.