Fintech audits
Greywood CPA audits fintech, payments and lending platforms, including consolidated groups with entities in more than one jurisdiction. Fintechs are usually audited because state regulators, banking partners or investors require it, and often all three at once. We are a licensed CPA firm (Virginia Board of Accountancy firm license #134961) working nationwide, at a fixed fee.
Companies holding state money transmitter licenses generally must file audited financial statements with their regulators every year, and many states also set minimum net worth and permissible investment requirements. Banking partners in banking-as-a-service programs review the same statements before and during the relationship.
Last reviewed: November 2026
| Who is asking | What they usually want |
|---|---|
| State money transmitter regulators | Annual audited financial statements, filed through NMLS or directly with the state |
| Banking-as-a-service partner bank | Audited statements for onboarding and annual review |
| Investors and venture lenders | Annual audited statements |
| Card networks and processors | Financial statements as part of their risk review |
Deadlines differ. Many state regulators expect statements within a set period after year-end, and missing one can affect your license.
Payments companies often have to decide whether they are the principal or an agent in a transaction, which determines whether revenue is reported gross or net of processor and network costs. Interchange, transaction fees, float income and subscription fees each follow their own pattern under ASC 606.
Many fintechs run a U.S. operating company alongside entities in other countries for engineering or licensing. Consolidated audits need intercompany balances eliminated, foreign currency translation and consistent policies across entities. We plan the group audit around your structure from the start.
A 30-minute call about your organization, who needs the report and your deadline.
Scope, report type, timeline and one fixed fee, in writing.
Everything we need, uploaded through a secure portal.
Remote testing, then a draft for your review.
A CPA partner signs, and we walk you or your board through the results.
Generally yes. State money transmitter regulators typically require licensees to file audited financial statements every year, alongside net worth and, in many states, permissible investment requirements.
It depends on whether you are the principal or an agent in the transaction under ASC 606, which turns on who controls the service before it reaches the customer.
Yes. We plan consolidated audits around your structure, including intercompany eliminations and foreign currency translation, and coordinate with local auditors where needed.
Customer fund reconciliations, liquidity, net worth, losses and reserves, and a clean opinion without going-concern doubt.
We quote one fixed fee in writing before any work starts, based on entities, licenses, transaction volume and reporting deadlines.
Tell us your licenses and year-end. A senior CPA will send a fixed-fee proposal within 1–3 business days.