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Feb 26, 2019We have a financial institution licensed and available for immediate acquisition.
Company authorized as Small Payment Institutions by the Czech National Bank.
No trading debts or regulatory actions ever encountered.

Has permission for the provision of the following services:
- provision of payment accounts to the clients;
- Issuing and administering of payment instruments (prepaid cards, vouchers etc.)
- Money remittance

Company has several bank accounts in place with local banks, including the ringfenced account for client funds.

Asking price by the seller is 160,000 EUR.
As we act in the capacity of intermediary, additional commission of 7,500 EUR including legal fees and submission of change in control notice to CNB is payable by the buyer.

Deal can be closed in 14 days if the correct documentation is in place and new owner would visit Prague for 3-5 days. The process could be also completed remotely through escrow service.

More information available on inquiry subject to signed NDA.

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