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How Top Fintech Teams Actually Manage License Renewals

Hear how compliance leads at Bilt Rewards and Funding Circle (now iBusiness Funding) streamlined multi-state renewals, avoided deadline chaos, and built systems that scale, without hiring more people.

What You’ll Learn

Two compliance leaders share how they built a scalable system for managing state license renewals, and why they chose Brico.

Where Multi-State Renewal Workflows Break

Learn what causes missed filings, team burnout, and legal bottlenecks and what top fintech teams do to fix it.

How to Replace Manual Renewal Tracking

See how legal and ops teams are moving away from spreadsheets and email chains using centralized systems built for licensing.

What Compliance Teams Wish They’d Fixed Earlier

Hear which changes saved time, reduced spend on outside counsel, and helped teams stay compliant during growth and transitions.

Why These Teams Chose Brico

Discover what made Brico the right fit, and how it supported renewals through audits, leadership changes, and scaling across 50 states.

Why Compliance Teams Choose Brico

Brico is setting a new standard for financial licensing by streamlining renewals, automating compliance, and giving teams complete visibility across all 50 states.

Centralized Compliance Workflow

Track every renewal deadlines and required filings from a single dashboard.

Built-In Automation for MTL + Lending Renewals

Auto-generated reminders, task lists, and document requirements customized to your license types and jurisdictions.

Expert-Backed Guidance

Work with compliance experts who’ve managed 50-state licensing portfolios — without the law firm overhead or agency delays.

Audit-Ready Recordkeeping

Brico's secure, transparent platform is your source of truth which becomes your audit trail.

Proven Results for Fintech Compliance Teams

Brico powers financial licensing application and maintenance for leading fintechs, helping legal and compliance teams move faster, reduce costs, and stay audit-ready across all 50 states.

5x
Faster license application and go-to-market speed with Brico’s automation
90%
Cost savings compared to law firms
75%
Less time spent on license maintenance, reporting and renewals

Frequently Asked Questions About License Renewals and Compliance Automation

Have questions about license renewals, compliance automation, or how Brico works? Start here.

Do I need to renew financial licenses in every state?

Yes. All MTLs require annual renewals, and each state has its own process, deadlines, and documentation requirements. Brico tracks and automates all of it for you.

Can Brico manage renewals if I already have licenses?

Absolutely. Many teams use Brico specifically to manage ongoing license maintenance across multiple states, including renewals. We centralize your obligations and eliminate deadline risk.

What happens if I miss a renewal deadline?

You risk license suspension, fines, or loss of authority to operate in that state. Brico helps you stay compliant with built-in reminders and automated filing workflows.

How does Brico simplify the license renewal process?

Brico maps every renewal requirement, auto-generates task lists, and gives your whole team real-time visibility so you’re never chasing down documents or stakeholders at the last minute.

What license types can Brico help me renew?

Money transmitter, credit, collections, servicing, brokering and more. You’ll get a custom renewal dashboard based on your exact license types.

Do I have to be a compliance expert to use Brico?

No. Brico was built for legal, ops, product and compliance teams, not just licensing specialists. Our support team includes experts who have managed licenses both in-house and at licensing agencies.

Get the Full Webinar: How Bilt and Funding Circle Manage Multi-State License Renewals