Canada MSB / Active Banking & Remittance for sale

Established | Banked | Apps & Infrastructure in Place

A FINTRAC-licensed Canadian Money Services Business (MSB) with additional Payment Service Provider (PSP) registration with the Bank of Canada is available for acquisition. Operating since 2017, the company has a clean regulatory record and a fully built operational platform, including banking, mobile apps, APIs, and live international remittance corridors.

This opportunity suits buyers seeking an immediately deployable Canadian MSB or investors looking for a regulated remittance and FX platform with clear expansion potential.

Key Facts
Jurisdiction: Canada
Regulator: FINTRAC
Licence: Money Services Business (MSB)
Licence Issued: November 2017
Additional Registration: Bank of Canada PSP
Status: Active
Compliance: Clean record, no penalties or audits

Authorised Activities
Foreign exchange services
International money transfer / remittance
Payment services (PSP)

Operations & Market Reach
Active remittance corridors from Canada to:
Philippines, China, Malaysia, Hong Kong, Vietnam, India, Korea, and others
Revenue model based on transaction fees and FX margins
No retail client base currently onboarded, allowing strategic repositioning
Infrastructure Included

Banking
Pateno Payments
IFX Payments
Fully enabled to accept and process client funds

Technology:
Business website
iOS & Android mobile applications
Backend system with APIs
Toll-free business number and corporate email
Office lease in place

Corporate & Compliance
Full AML/CTF framework included
No liabilities or debts
Audited financials / management accounts available
Existing team available post-acquisition (subject to agreement)

Transaction Overview
Structure: 100% share transfer
Asking Price: Available upon request

Timeline: Immediate closing possible

Included
MSB licence & PSP registration
Banking relationships
Full technology stack
Compliance framework
Corporate entity and IP

Next Steps
For further details, pricing, or access to the full information pack, please contact us directly.