Profile number 108074
Electronic Money Institution for sale
25/06/2024 Date added
Located in
Europe
Also interesting for this region (s)
All of the country
General information
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
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
Electronic Money Institution for sale
Region
Europe
Sector
Service industry
Type
For sale
Turnover
1.000.000 - 2.500.000
Overname
To be agreed