Industry Guide · Fintech & Crypto
One SEC/OFAC misstep can end the company. We surface it before it does.
Fintech startups, crypto exchanges, payment platforms, and any team moving money or digital assets.
Overview
Fintech buyers demand SOC 2. Crypto operations demand OFAC and counterparty screening. Scarlet Finance and Scarlet Comply cover both — one platform, one bill.
Top risks in this industry
- SOC 2 blockers stalling enterprise deals
- OFAC-listed counterparties in transaction flow
- PCI-DSS 4.0 requirements for card-handling flows
- State money-transmitter licensing gaps
Frameworks typically required
How Scarlet Risk helps
Crypto counterparty screening
Real-time wallet screening against sanctions and high-risk chain activity.
SOC 2 evidence engine
The controls fintech enterprise buyers ask for, mapped and monitored.
PCI-DSS 4.0 readiness
Scope reduction, SAQ prep, and QSA-ready evidence for card-handling flows.
Composite scenarios
Series-A crypto platform, enterprise deal blocked on SOC 2
Shipped Type 1 in 10 weeks. Deal closed 3 weeks later.
Fintech startup, OFAC exposure surfaced
Wallet screener flagged 2 sanctioned counterparties before onboarding. Regulatory disaster averted.
Frequently asked
SOC 2 or PCI first?
If you handle cardholder data — PCI is non-negotiable. If your buyers are enterprises — SOC 2 unblocks revenue. Most fintechs pursue both in parallel.
Does Scarlet Risk replace a specialized crypto compliance vendor?
For SMB-scale crypto operations, yes. For high-volume exchange or custody operations processing $100M+/mo, you'll want a specialized transaction-monitoring vendor alongside Scarlet Risk.
Ready to shortcut this?
Book a live demo tuned to fintech & crypto or run the ROI numbers.