FCA Money Remittance, Payment Institution License for sale

Exceptional Opportunity: Acquire a UK Money Remittance and Payment Institution License

Seize this unique chance to grab a FCA Money Remittance Payment Institution License for sale, a standout opportunity as the first of its kind available in the market for a while. This operational business is debt-free and boasts an income that fully covers its operating expenses. We’re looking for a buyer with the vision and capability to further develop this promising venture. For in-depth details, don’t hesitate to reach out at connect@swissfintechpro.com .

Licenses and Permissions

This FCA Money Remittance Payment Institution License for sale is equipped with two vital licenses:

1. A UK Money Remittance License under HMRC, allowing for money service business operations.
2. A Payment Institution License under the FCA, authorizing a broad range of financial services.

Scope of Services

The institution offers a versatile array of services, including:

• Remittance services.
• Payment processing.
• Operation of payment accounts under FCA guidelines.
• Money transfer and currency exchange services.

Key Authorizations

The institution is authorized for:

• Cash placement and withdrawals from payment accounts.
• Execution of payment transactions, with and without credit lines.
• Issuing payment instruments and acquiring payment transactions.
• Money remittance services.

Strategic Features

• Membership with Western Union.
• ECP and Transact Europe card acquisition partnerships.
• A UK safeguarding and FX bank affiliation.
• Advanced technology and a user-friendly app included.
• Unique banking partnerships in Portugal, India, and the UK with 0% charges on incoming funds.

Financial Stability and Operations

• The company is debt-free.
• All tech, banking, and fixed costs are comfortably covered by sales income.
• Operates as an efficient online business, eliminating the need for physical premises.

Investment Details

You can grab this FCA Money Remittance Payment Institution License for saleat a price is set at 725k GBP, with a 125k GBP deposit in fiat and the remaining 600,000 GBP payable in cryptocurrency. Prospective buyers are required to provide proof of funds. For further information, please contact connect@swissfintechpro.com .

Conclusion

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Your golden opportunity to acquire a dual-licensed financial institution in the UK. Its debt-free status, income covering operational costs, and comprehensive authorizations make it an attractive investment. The added benefits of strategic partnerships and advanced technology make this a turnkey solution for entering or expanding in the financial services market. Act now to capitalize on this rare and lucrative opportunity.