EMI Latvia- Electronic Money Institution for sale

An exceptional opportunity to acquire a fully operational and regulated financial institution holding an EMI license since June 2024. This turnkey solution is ideal for fintech entrepreneurs, established financial groups looking to expand into Europe, or investors seeking a ready-to-operate platform in the regulated digital payments.

This offering is not just about the license — it includes a complete ecosystem, from proprietary banking software to regulatory integrations and live banking infrastructure.

Key Highlights

Core Banking Infrastructure:
PuffopOS – In-house developed, fully scalable core banking engine.
Fully functional customer banking dashboard – ready-to-use interface for end-users.
Compliance & Monitoring:
Seamless integration with SumSub for KYC, KYB, and Transaction Monitoring.
Comprehensive risk mitigation tools aligned with European regulatory standards.
Banking Integrations & Payments:
Live EUR SEPA payments through Magnetic Bank.
Operational and segregated accounts in both Magnetic Bank and Industra Bank.
Direct SEPA connection via EKS (Bank of Latvia’s Electronic Clearing System) already submitted — Go-live scheduled for August 2025.
EKS to offer ultra-low transaction fees at €0.006 per SEPA transfer – expected to be the cheapest SEPA solution in the world.
Card Issuing Roadmap:
VISA Principal Membership application is underway.
Go-live for VISA issuing projected in Q4 2025 – integration cost included in acquisition.
Retail Infrastructure:
Over 300 physical retail points.
Sales of prepaid vouchers (iTunes, gaming, etc.).
Local bill payment terminals – a real-world user base and brand presence.
Team & Operations:
Experienced C-level management: CEO, COO, CTO, and CCO + 2 additional employees.
Option to retain the full team post-acquisition for operational continuity.
Lean monthly cost structure with a burn rate of ~€35,000.

Regulatory Licenses & Services

The company holds comprehensive regulatory authorization, allowing it to provide a full range of payment services:
Issuance of electronic money
Withdrawing cash from a payment account
Execution of payment transactions on a payment account (not covered by a credit line)
Issuing payment instruments or acquiring payment transactions
Money remittance

Conclusion

This is a rare opportunity to acquire a fully regulated EMI business with a comprehensive tech stack, ready-to-scale banking infrastructure, and a growing local footprint. With low-risk retail users as the core segment, direct SEPA access on the horizon, and VISA card issuing capabilities in the pipeline, this business offers a robust foundation for growth across the European fintech landscape.

Whether you're a new entrant or expanding operator, this package is ideal for building a next-gen digital bank with both online and offline capabilities — without starting from scratch.