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Details

We are selling a UK Small Payment Institution (SPI) registered in 2016.

Company has trading history.
Country: England (United Kingdom)
Type of company: UK Private limited company by shares
Sort of Licence : Small Payment Institution ( SPI )
Regulator : Financial Conduct Authority ( FCA)

Highlights:
- Quick sale
- Company can take customers’ orders ( online and off line)
- Company registered in 2016
- Easy option to upgrade the existing licence to an API ( Authorized Payment Institution )
- Bank account GBP, EUR and USD
- Cash Collections Account.
- Database of 3,000 Customers ( South American Corridor)

License features:

- Take customers remittance order offline and online
- Offer FX services
- Process international payments

How can we assist you ?
Change of control in FCA ( Change of qualifying holder ) will be completed and 100% guaranteed by our firm.
This acquisition is 100 % guaranteed. We will hold the funds in our customer bank account during the whole company acquisition. Funds are returned if acquisition not successful.

Other services:
- Introduction to a compliance officer to help you with AML procedures - fees applicable.
- Help you with an application to become an API
- Option to appoint a local UK director with previous experience to make sure you satisfy the local resident director requirement
- We can also assist you to open a business bank account in UK and Europe

We can also assist with further company operations (banking, HR, card processing etc.)

- We will need to perform full due diligence on the buying side (subject to mutual non-disclosure agreement).

Proof of funds is required

Asking price: £ 130,000


Follow below list of Services that this company can currently offer :
1– money remittance.
2- services enabling cash to be placed on a payment account, and all of the operations required for operating a payment account.
3-Services enabling cash withdrawals from a payment account , and all of the operations required for operating a payment account.
4-The execution of the following types of payment transaction :
(i) Direct debits, including one-off direct debits
(ii) Payment transactions executed through a payment card or a similar device,
(iii) Credit transfers, including standing orders
5- The execution of the following types of payment transaction where the funds are covered by a credit line for the payment service user :

(i) Direct debits, including one-off direct debits
(ii) Payment transactions executed through a payment card or a similar device,

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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.