UK SPI Small Payment Institution Company (Running)

London, United Kingdom

Asking Price: $941,066 (£700,000 GBP)

Business For Sale Details

Listed on Nov 2, 2022

Country - England (United Kingdom)
Licence - Small Payment Institution (SPI)
Regulator - Financial Conduct Authority ( FCA)

- Incorporated 2018
- Live Since 2019
- Quick sale
- Ready-made SPI
- Already trading with good profit

License authorizations:
- services enabling cash to be placed on a payment account and all of the operations required for payment account operating
- services enabling cash withdrawals from a payment account
- the execution of transfers of funds on a payment account with the user’s or other payment service provider, execution of direct debits, including one-off direct debits
- execution of payment transactions through a payment card or a similar device; execution of credit transfers, standing orders
- the execution of payment transactions where the funds are covered by a credit line for a payment service user etc
- execution of credit transfers, including standing orders
- issuing payment instruments or acquiring payment transactions
- money remittance. (Currently only money remittance)

Fully operational, over £ 200K turnover, ( Not customer funds, it’s a gain from fee and fx )
Clean balance, No debts

The SPI can be upgraded API or EMI easily.

Asking price: £700,000 GBP

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Financials (USD)

Asking Price $941,066

Cash Flow Not Disclosed

Sales $268,876

Converted From GBP

Exchange Rate $1.34

Deal Terms

Represented by broker? Available On Request

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? Available On Request

Management will stay? Available On Request

Relocatable? Yes

Real Estate? Available On Request

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