Lithuanian SEMI For Sale
Active Small Electronic Money Institution in Lithuania
Main Details:
• Licensed Small Electronic Money Institution operating in Lithuania
• IBAN accounts limited to Lithuanian residents
• No EU passporting rights
Payments & Infrastructure:
• Connected to CENTROlink
• Preparing for direct SEPA participation
• Core banking software: Forbis (Lithuania)
Clients & Operations:
• Approximately 65 individual clients
• Around half of the clients are internal company employees
• Client funds safeguarded with two Lithuanian credit institutions
Regulatory & Corporate:
• Share capital of €350,000 (not included in the transaction)
• Previous regulatory fine disclosed
• Sale possible with or without existing clients
• Shareholders available to assist with upgrade to a full EMI licence if required
Financials (USD)
Asking Price Not Disclosed
Converted From EUR
Exchange Rate $1.17
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