Peruvian Crypto Wallet and cryptocurrency exchange company BANEXCOIN, contacted BroadenBase LTD to conduct a feasibility study and develop a strategic plan to establish a branch of the company in the UK.
Company owners were very aware of the business advantages that the UK offers to Fintechs and wanted to analyze the possibilities for them to take advantage of that scenario and gain a competitive edge.
The primary scope of the project was to conduct a feasibility study, however, BroadenBase proposed an extension to it to develop a full strategic plan for the move.
The proposal was agreed and the customer was delivered with a plan that studied the what, how, when, and why of moving the company to the UK. A thorough analysis was performed. The analysis detailed potential commercial partners, law and business regulations, time and budget lines, etc.
Customer was pleased with the plan mentioning that it was beyond expectations and that it cleared the internal decision making