At AFSL House, we take great pride in partnering with Australia’s most innovative financial companies to navigate the regulatory landscape. We are delighted to announce that our client, Hello Clever, has successfully obtained their Australian Financial Services Licence (AFSL) from the Australian Securities & Investments Commission (ASIC).
This approval marks a significant evolution for the Hello Clever ecosystem, authorising them to deal in non-cash payment facilities and foreign exchange (FX) services.
Regulatory Approval as a Foundation for Growth
Securing an AFSL represents a major step forward for any fintech. For Hello Clever, this licence serves as the infrastructure required to operate independently and securely at an enterprise scale.
By obtaining this licence, Hello Clever gains the authority to:
- Provide licensed digital payment services, enhancing trust and reliability for merchants.
- Deliver FX solutions, facilitating smoother cross-border trade.
- Engage directly with banks and payment partners, streamlining their operational model.
- Scale their governance frameworks, aligning with ASIC’s rigorous standards.
Hello Clever’s leadership views this milestone as an enabler of their “buy-to-earn” rewards model and real-time payment architecture. As they expand across the APAC region, this regulatory status provides the assurance required to secure larger partnerships and onboard enterprise clients.
Expert Guidance for Fintech Innovation
Navigating the application process for non-cash payment facilities requires precise legal strategy and deep industry knowledge. The team at AFSL House worked closely with Hello Clever’s executive team to ensure their application met all regulatory requirements efficiently.
Reinard Surya, Chief Operating Officer at Hello Clever, commented on the achievement:
“AFSL approval is a clear signal of maturity for our business. It demonstrates that we’ve built the infrastructure and governance required to support enterprises and cross-border growth… Big shoutout to AFSL House for the support along the way.”
Your Partner in Licensing Success
At AFSL House, we understand that compliance functions as a catalyst for sustainable commercial growth. Our specialised focus on the financial services sector allows us to deliver results that align legal obligations with business goals.
With a 100% success rate in AFSL applications, our firm remains dedicated to helping fintechs like Hello Clever obtain their licences in record time. We provide the expertise necessary to turn complex regulatory requirements into a competitive advantage.
We congratulate Caroline Tran (CEO), Reinard Surya (COO), and the entire Hello Clever team on this outstanding achievement.
Ready to Apply for Your AFSL?
If your business requires an Australian Financial Services Licence to scale, our expert lawyers for AFSL applications and AFSL compliance specialists are ready to assist.
