How to start a money transfer business? Some of your aspiring entrepreneurs might have wondered on that. I’ve written literally 1,000s of answers pertaining to this field and ow slowly one by one, I will make small 2-3 minute videos of these answers and post them on YouTube.

If you have a question on how to start a money transfer company, ask away in the comments. I will be happy to answer.

Money transmission is a licensed industry. You simply cannot move money without being licensed. In this video, I will briefly tell you what sort of licensing options you have.

About Faisal Khan
Faisal Khan is a banking / payments consultant specializing in cross-border payment system and a digital money evangelist. He is the co-host of Around the Coin, a weekly podcast on Payments & Fintech with over 18,000+ listeners. Mr. Khan is a talent scout for Series A & B financing for various fintech VCs/funds. He is also a frequent contributor to popular Q&A site Quora where he has been a Top Writer 6 consecutive years.

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