Name
Global FinTech Guide
Country Name
Global Overview

The global overview provides a quick comparison of legal and economic considerations for every participating country. To read more in-depth country specific information for each area, please select a country from the list.

SectionTitle
Loan services / factoring / loan broking / finetrading
Body
FinTechs belonging to this category act as a loan creditor (even short and very short-term loans), are broking loans or receivables or conduct factoring of loans, which were given to private or business customers. In this business area you also find "peer-to-peer" (P2P) services, in which FinTechs enable a multitude of users to give loans (and brokered by the FinTech-platform) to other users or companies. Finetrading is hereby a financial service of FinTechs, where they buy due receivables and grant the debtor an extension of payment time. As an ancillary service some FinTechs offer alternative credit assessment services to check the solvency of a borrower.
CountryDonation Based CrowdfundingReward Based CrowdfundingCrowdinvestingCrowdlending
Albanianononono
Argentinanonoregulation; license requiredno
Australianonoregulation; license requiredregulation; license required
Austrianonoregulationregulation
Bosnia and Herzegovinanononono
Canadanonoregulation; license requiredregulation; license required
Chilenononono
Chinaregulation; license requirednoregulationregulation; license required
Colombianonoregulation; license requiredregulation; license required
Costa Ricalicense requiredlicense requiredlicense requiredlicense required
Croatiaregulation; license requirednoregulation; license requiredregulation; license required
Czech Republicnonoregulation; license requiredregulation; license required
Egyptnononono
Franceregulation; license requiredregulation; license requiredregulation; license requiredregulation; license required
Germanynononono
Hong Kongnononono
Hungarynonoregulation; license requiredregulation; license required
Irelandnononoregulation; license required
Italynonoregulation; license requiredregulation; license required
Korea, Republic ofnonoregulation; license requiredregulation; license required
Malaysianonoregulation; license requiredregulation; license required
Mexicoregulation; license requiredregulation; license requiredregulation; license requiredregulation; license required
Montenegronononono
New Zealandnonoregulation; license requiredregulation; license required
North Macedonianononono
Perunoregulation; license requiredregulation; license requiredregulation; license required
Philippinesnonoregulation; license requiredregulation; license required
Polandnonoregulation; license requiredregulation; license required
Portugalregulationregulationregulation; license requiredregulation; license required
Romanianonoregulation; license requiredregulation; license required
Serbianononono
Slovenianonoregulation; license requiredregulation; license required
Spainnoregulation; license requiredregulation; license requiredregulation; license required
Switzerlandnonoregulation; license requiredregulation; license required
Thailandnonoregulation; license requiredregulation; license required
Turkeynonoregulation; license requiredregulation; license required
United Kingdomnonoregulation; license requiredregulation; license required
United Rep of Tanzanianononono
United Statesnonoregulation; license requiredregulation
Uruguaynonolicense requiredno
Question Text
Regulation of loan-giving-, factoring-, brokerage-, finetrading- and ancillary services and requirement of a license
CountryAnswer Text
Albaniaregulation; license required2162Albania
Argentinaregulation; license required2507Argentina
Australiaregulation; license required2177Australia
Austriaregulation; license required2672Austria
Bosnia and Herzegovinaregulation; license required2192Bosnia and Herzegovina
Canadaregulation; license required2147Canada
Chileregulation2237Chile
Chinaregulation; license required2252China
Colombiaregulation; license required2267Colombia
Costa Ricaregulation; license required2282Costa Rica
Croatiaregulation; license required2297Croatia
Czech Republicregulation; license required2807Czech Republic
Egyptregulation2312Egypt
Franceregulation; license required2717France
Germanyregulation; license required2208Germany
Hong Kongregulation; license required2732Hong Kong
Hungaryregulation; license required2342Hungary
Irelandregulation2687Ireland
Italyregulation; license required2327Italy
Korea, Republic ofregulation; license required2357Korea, Republic of
Malaysiaregulation; license required2657Malaysia
Mexicoregulation2627Mexico
Montenegroregulation; license required2372Montenegro
New Zealandregulation; license required2387New Zealand
North Macedonialicense required2432North Macedonia
Peruregulation2417Peru
Philippinesregulation; license required2402Philippines
Polandregulation; license required2477Poland
Portugalregulation; license required2492Portugal
Romaniaregulation; license required2792Romania
Serbiaregulation; license required2462Serbia
Sloveniaregulation; license required2522Slovenia
Spainno2537Spain
Switzerlandregulation; license required2702Switzerland
Thailandregulation; license required2552Thailand
Turkeyregulation; license required2747Turkey
United Kingdomregulation; license required2777United Kingdom
United Rep of Tanzaniaregulation; license required2762United Rep of Tanzania
United Statesno2582United States
Uruguayregulation2567Uruguay
Question Text
Difficulty of upholding compliance with the regulation regarding loan-giving-, factoring-, brokerage-, finetrading- and ancillary services
CountryAnswer Text
Albaniaaverage2162Albania
Argentinaaverage2507Argentina
Australiaaverage2177Australia
Austriahard2672Austria
Bosnia and Herzegovinaaverage2192Bosnia and Herzegovina
Canadahard2147Canada
Chileaverage2237Chile
Chinahard2252China
Colombiaaverage2267Colombia
Costa Ricaaverage2282Costa Rica
Croatiahard2297Croatia
Czech Republicaverage2807Czech Republic
Egyptaverage2312Egypt
Franceaverage2717France
Germanyhard2208Germany
Hong Kongaverage2732Hong Kong
Hungaryaverage2342Hungary
Irelandaverage2687Ireland
Italyaverage2327Italy
Korea, Republic ofaverage2357Korea, Republic of
Malaysiaeasy2657Malaysia
Mexicoeasy2627Mexico
Montenegrohard2372Montenegro
New Zealandaverage2387New Zealand
North Macedoniaaverage2432North Macedonia
Peruaverage2417Peru
Philippinesaverage2402Philippines
Polandeasy2477Poland
Portugalhard2492Portugal
Romaniaaverage2792Romania
Serbiaaverage2462Serbia
Sloveniaaverage2522Slovenia
Spaineasy2537Spain
Switzerlandhard2702Switzerland
Thailandaverage2552Thailand
Turkeyhard2747Turkey
United Kingdomhard2777United Kingdom
United Rep of Tanzaniahard2762United Rep of Tanzania
United Statesaverage2582United States
Uruguayaverage2567Uruguay
Question Text
Level of competition regarding loan-giving-, factoring-, brokerage-, finetrading- and ancillary services
CountryAnswer Text
Albaniaaverage2162Albania
Argentinaaverage2507Argentina
Australiaaverage2177Australia
Austriaaverage2672Austria
Bosnia and Herzegovinaaverage2192Bosnia and Herzegovina
Canadalow2147Canada
Chilehigh2237Chile
Chinahigh2252China
Colombiaaverage2267Colombia
Costa Ricaaverage2282Costa Rica
Croatiaaverage2297Croatia
Czech Republicaverage2807Czech Republic
Egyptlow2312Egypt
Francehigh2717France
Germanyaverage2208Germany
Hong Konghigh2732Hong Kong
Hungarylow2342Hungary
Irelandaverage2687Ireland
Italyaverage2327Italy
Korea, Republic ofaverage2357Korea, Republic of
Malaysiaaverage2657Malaysia
Mexicohigh2627Mexico
Montenegroaverage2372Montenegro
New Zealandaverage2387New Zealand
North Macedoniahigh2432North Macedonia
Perulow2417Peru
Philippineshigh2402Philippines
Polandhigh2477Poland
Portugalhigh2492Portugal
Romaniahigh2792Romania
Serbiaaverage2462Serbia
Sloveniaaverage2522Slovenia
Spainhigh2537Spain
Switzerlandhigh2702Switzerland
Thailandhigh2552Thailand
Turkeyhigh2747Turkey
United Kingdomhigh2777United Kingdom
United Rep of Tanzanialow2762United Rep of Tanzania
United Stateshigh2582United States
Uruguaylow2567Uruguay

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