E-Money Institution - EMI in the European Union

EMI in the EU for sale
Region: South Europe

Very attractive price

Overview
An Electronic Money Institution (EMI) with a pristine operational history is available for acquisition. This firm has maintained its license in good standing by processing minimal transactions and currently has no active client base, offering a fresh platform for new ownership.

Operational Status
- No active business operations; no existing clients
- Processes 2-3 transactions weekly to maintain license compliance

Team
- Experienced team of 4-5 professionals willing to continue under new ownership

Financials
- Low monthly operational costs: Approximately €35,000

Banking Relationships
- Safeguarded account with the Central Bank

Regulatory Permissions
As an authorized EMI, the firm is permitted to:
- Issue Electronic Money:
- Provide electronic payment solutions, including e-wallets and prepaid cards

- Offer Payment Services:
- Execute payment transactions, including transfers of funds
- Issue and acquire payment instruments
- Provide money remittance services

Share Capital
- The firm meets the regulatory minimum share capital requirement for authorized EMIs (€350,000).

Passporting Rights
The EMI license includes passporting rights, allowing the firm to operate across the European Economic Area (EEA) without additional authorization.

Ready Infrastructure
- Established EMI license with maintained compliance
- Experienced operational team in place

Growth Potential
- Opportunity to scale operations and expand services across the EEA

Financial Efficiency
- Low operational costs enhance profitability potential

Summary
This is a unique opportunity to acquire a compliant EMI with no legacy issues, an existing team, and the ability to operate seamlessly across the EEA. Ideal for entities aiming to enter or expand within the electronic payment services sector.