There has been a lot of hype over the last years to attract new
types of businesses to Malta such as the FinTech (Financial
Technology), WealthTech (Wealth Management using Technology),
Algo-trades (investing using algorithms) and more recently
Investment-based Crowdfunding Platforms. Rightly so, entities such
as
FinanceMalta have held several seminars and initiatives to
attract these types of business and in fact their
2017 Annual Conference will be focusing on this theme.
Through this post I would like to give a brief description of
these types of entities and to also provide some thoughts on the
factors which could deter these types of entities from seeking to
be registered in Malta. From personal experience of being involved
in a start-up Fin-tech, Wealth-Tech and Algo-trading company
Novofina I would like to shed some light on the difficulties faced
in attaining a suitable license and remaining compliant to rules
and regulations which are based on a one size
