Bricknode to establish licenced brokerage subsidiary
Bricknode, a leading SaaS financial services platform, today announced it will establish a wholly owned subsidiary and apply for a securities brokerage licence. The move will pave the way for Bricknode to carry out brokerage services for customers who lack their own regulatory permissions, and it’s estimated the service could be operational by Q1 2023.Today’s investment industry is being disrupted by new market entrants that include neobanks and fintech companies targeting product expansion. These firms face challenges in meeting regulatory requirements and taking new solutions to market