money-transmitter-license
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Snigdha Kumar
Snigdha Kumar is the CEO and co-founder of Brico, a San Francisco regtech startup that automates the slow, state-by-state process of getting and keeping financial licenses for payments, lending, mortgage and crypto companies. A Harvard-trained public policy analyst with more than a decade in fintech across the U.S., India, Indonesia and Myanmar, she previously led product operations at the savings app Digit. In October 2025 Brico raised a $13.5M Series A led by Flourish Ventures, on the back of 600% year-over-year growth.
Brico
Brico is a San Francisco RegTech company that automates the grind of getting and keeping financial licenses. Founded in 2023 by Snigdha Kumar and Edward Swiac, its AI-powered platform pairs a 50-state regulatory intelligence engine with human compliance experts to help money transmitters, lenders, mortgage providers, and crypto firms file applications up to 5x faster and cut licensing costs by as much as 90%. Customers include Marqeta, Bilt, BitGo, and Better Mortgage.