# PalmsWorth Group

> End-to-end consultancy that builds fintechs, banks and payment companies. From EU Payment Institution (PI), Electronic Money Institution (EMI) and MiCA licensing, to AWS cloud architecture on Terraform and Terragrunt, software development, integrations, FinOps on contingency, and fractional CTO / CISO / Head of Compliance. EU and US presence.

## What PalmsWorth does

- **EU Licensing**: PI, EMI and MiCA authorisation across the European Union — jurisdiction selection, regulator-ready submission packs, target operating model, capital and safeguarding setup, AML/KYC, outsourcing and resilience documentation, regulator Q&A. Average submission pack in ~2 months.
- **AWS Cloud on Terraform & Terragrunt**: cloud-native AWS architecture delivered as code. Landing zones, security, networking, data, observability. No click-ops in production.
- **Software Development**: custom fintech software — core, ledger, payments, customer platforms.
- **Integrations**: card networks, BaaS, KYC/AML, core banking, payment rails, third-party APIs.
- **FinOps / Cloud Cost Optimization**: free read-only audit by two senior partners, delivered in ~2 weeks — executive summary, remediation backlog and advisory sessions. 20–40% typical savings identified. Implementation scoped separately. Contingency fee of 30% of sustained annual savings. No upfront cost.
- **Fundraising Support (contingency)**: we help early-stage and scaling fintechs raise capital — investor-ready deck, financial model, data room, investor targeting and warm introductions across our EU and US network. Pure success-fee only — no retainer, no upfront fees, you pay only when capital lands.
- **Fractional Leadership**: fractional CTO, CISO or Head of Compliance on a flat monthly retainer (minimum 3 months).
- **Regulatory & Supervisory Advisory**: PSD2/EMD2, DORA, EU AI Act, AML/KYC, board-level readiness and regulator Q&A — led by former central bank leadership.
- **Enterprise Architecture, Project & Program Management, Talent & Advisory, Planning & Strategy, Product & Platform Vision.**
- **Managed Cloud Operations**: 24/7 monitoring, patching, lifecycle, performance and scalability.
- **AI Consulting**: use-case shaping, data readiness, governance, safe deployment on AWS for regulated fintech.

## Pricing

- **Project-based**: fixed scope, fixed price. Tailored per engagement.
- **Time & Material**: €950 per day per expert. Volume discount: 5% for 2 FTE over 4+ months, 10% for 3+ FTE.
- **Fractional leadership**: flat monthly retainer, minimum 3 months.
- **Cloud cost optimization (contingency)**: 30% of realised annual savings. Free audit. No commitment. 2-week money-back guarantee on T&M engagements.

## Founders

- **Tamas Hadnagy** — Founder & CEO. Led the launch of BinX, Hungary's first award-winning neobank for businesses. Previously at K&H Bank. Multiple EU-wide PI/EMI licensing programmes. Awards: Fintech of the Year, Fintech Cooperation of the Year.
- **Sandor Bakos** — Senior Partner, Technology Strategy & Enterprise Architecture. 25+ years in banking, payments and cloud-native platforms.
- **Zoltan Herce** — Partner, Regulatory & Compliance. Previously at Deloitte and Revolut. PSD2/EMD2, AML/KYC, DORA, EU passporting.
- **Gabor Harkacsi** — Partner, Supervisory & Governance Advisory. Former Head of Compliance and Deputy CSO at the Hungarian National Bank (2020–2026). Member of the ECB's European Forum on the Security of Retail Payments and the EBA Standing Committee on Payment Services.

## Regulatory frameworks covered

PSD2, EMD2, MiCA, DORA, EU AI Act, AML/KYC directives, EU passporting.

## Geography

European Union (all member states via passporting) and the United States. Boots on the ground in both regions.

## Contact

- Email: info@palmsworth.com
- LinkedIn: https://www.linkedin.com/company/palmsworth/
- Book a call: https://calendly.com/tamas-hadnagy-palmsworth

## Optional

- [Main website](https://palmsworth.com/)
- [Services](https://palmsworth.com/#services)
- [Licensing](https://palmsworth.com/#licensing)
- [Cloud](https://palmsworth.com/#cloud)
- [FinOps](https://palmsworth.com/#finops)
- [Pricing](https://palmsworth.com/#pricing)
- [Founders](https://palmsworth.com/#founders)