Asset Managers & FinTech Companies Registration Guidebook
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(1) Summary of License Types .......................................................................... 41 a. Funds Transfer Service.............................................................................. 41 b. Prepaid Payment Instruments (for Own Business/for Third-Party Business) ..... 43 c. Electronic Payment Services ...................................................................... 44 d. Investment Advisory Business/Investment Management Business .................. 45 e. Small Amount Electronic Public Offering Service ........................................... 45 f. Financial Instruments Business .................................................................. 46 g. Money Lending Business ........................................................................... 47 h. Financial Services Intermediary Business ..................................................... 47 i. Crypto-Assets Exchange Business ............................................................... 48 j. Electronic Payment Instruments, etc. Business............................................. 49 k. Insurance Business ................................................................................... 52 l. Registered Comprehensive Credit Purchase Intermediary/Registered Small-Amount Comprehensive Credit Purchase Intermediary .................................. 52 m. Business Operator which Concludes Contracts to Process Credit Card Numbers, etc. ........................................................................................................ 52 (2) Most Common Structures ............................................................................ 53 a. Example Settlement Structure ................................................................... 53 b. Example Remittance Structure ................................................................... 54 c. Example Open API Structure ...................................................................... 56 d. Example Financing Structure – Fund-Type Crowdfunding .............................. 57 e. Example Financing Structure – Share-Type Crowdfunding ............................. 58 (3) Registration Procedures for Major FinTech Business Types ............................... 59 a. Funds Transfer Services ............................................................................ 59 b. Prepaid Payment Instruments for Own Business ........................................... 61 c. Prepaid Payment Instruments for Third-Party Business ................................. 61

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