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Electronic Money Institution for sale

For sale #108074 - Available since June 25, 2024

Company history/background

Main service: Business bank accounts for companies.

Last year revenue: €2M
Last year profit: €500K
Number of Employees: 20
Clients: 550+ corporate clients, 400+ private clients
Location: Vilnius, Lithuania, EU

Licensed by Central bank of Lithuania
Type of licence: Electronic Money Institution (EMI).

Licence year of issue: 2017

Available for financial services in Europe.

Company activities

Company was inspected by Central Bank in 2024 March
It means you will get a fully audited company by the Regulator with no hidden issues.

Connected to SEPA
Direct connection to SEPA via Centrolink (service, provided by Central Bank)
Very low transaction costs

Partnership agreements regarding International payments
We have agreements with other banks regarding international (SWIFT) payments
Our clients can send money worldwide

VISA Payment cards
VISA private and business cards, plastic and virtual - both
For every financial institution it is a "must" product

Unique selling points

Low operating costs
Despite strong regulation we effectively manage our costs.
It is about 100K per month

Strong AML and compliance team
About 25% of our staff is involved in AML processes.
It means we meet high standards of industry compliance

General information

Region
Europe
Sector
Service industry
Type of company
Business services
Legal entity
Firm
Type of transaction
Shares
Life phase enterprise
Full-grown
Employees in FTE
10 - 25
Type of buyer
  • MBI candidate
  • Strategic acquisition
  • Investor

Financial information

Turnover last financial year
€ 1.000.000 - € 2.500.000
Asking price
To be agreed
Earnings before taxes
Confidential

Interested or more information?

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Elektronisches Geldinstitut zu verkaufen
Europe

Profile number: 108074

Date added: June 21, 2024

Sector: Service industry


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Elektronisches Geldinstitut zu verkaufen
Europe

Profile number:
108074

Date added:
June 21, 2024

Sector:
Service industry

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