Regulatory Compliance Advisor · Soflo Consulting
Marcus Reid is a Regulatory Compliance Advisor at Soflo Consulting focused on MSB compliance, fintech regulatory strategy, and state money transmitter licensing. He works with early-stage fintech companies, established money services businesses, and digital payment platforms to build compliance infrastructure that scales with their business. Marcus has deep expertise in FinCEN registration requirements, transaction monitoring architecture, and banking relationship preservation for high-risk industries.
3 articles by Marcus Reid
If you've ever Googled "do I need an AML program," you're already ahead of most. The majority of businesses that face regulatory action for AML deficiencies didn't know they had a problem - because they didn't know they had an obligation. The definition of who's covered is broader than most business owners expect.
March 12, 2026
Every fintech founder says the same thing: "we'll build out compliance once we get traction." It's an understandable priority call - you have limited runway and a product to ship. But compliance is one of the few areas where getting it wrong early creates problems that money literally can't fix.
January 22, 2026
Money Services Businesses face a compliance environment unlike almost any other industry in the U.S. - federal oversight from FinCEN, IRS examination authority, state licensing requirements, and banking relationship scrutiny, all running simultaneously. Here's the complete checklist for staying on the right side of all of them.
January 8, 2026
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