Getting to market.
WHAT TO ESTABLISH FIRST
What regulated activity you are conducting Whether you need a licence or a licensed partner What the partner arrangement permits
WHY THAT ORDER
Everything else depends on it, and building first has ended businesses.
WHAT A PARTNERSHIP TYPICALLY INVOLVES
Operating under the partner's licence Their compliance obligations constraining your product Revenue sharing Their risk appetite limiting what you may do
WHAT TO NEGOTIATE CAREFULLY
Settlement terms Data access Exit provisions What happens if they terminate
WHY EXIT PROVISIONS MATTER
Your customers and balances sit inside their infrastructure.
WHAT TO BUILD FIRST
The smallest complete flow: onboard, fund, transact, withdraw, support.
WHY WITHDRAWAL SPECIFICALLY
Customers must be able to get money out, and trust depends on it.
WHAT TO TEST WITH REAL MONEY AT SMALL SCALE
Everything, before any promotion.
WHAT TO PREPARE BEFORE LAUNCH
Support capacity Reconciliation running daily Incident procedures Monitoring and alerting
WHAT TO LAUNCH WITH
Limits, deliberately low.
WHY
They contain the damage from anything you missed.
