MSB Canada- Money Service Business for sale

A licensed and regulated financial services provider offering foreign exchange and international money transfer solutions. The company enables both individuals and businesses to send, receive, and manage cross-border payments seamlessly. With advanced technology, competitive rates, and multi-currency wallet features, it provides a fast, secure, and cost-effective alternative to traditional remittance channels.

Core Services

Multi-Currency Wallet: Fund in EUR, USD, or CAD; withdraw in NGN, GHS, and other local currencies.
Peer-to-Peer Marketplace: Connect directly with verified peers for better exchange rates.
Smart Rates: Users can set and negotiate their own exchange rates.
Referral Rewards: Customers earn incentives for referrals, enhancing network-driven growth.

Market Opportunity

€570B+ Global Remittance Market (TAM)
220M+ Bankable Population (Target Market)
€42B+ Sub-Saharan Africa Serviceable Market (SAM)

Business Model

Revenue generated through transaction fees (average 1.2–1.5%).
B2B transactions currently realized at ~1.2%; B2C targeted at 1.5%.
Connected payment solutions (live):
Kora, Fincra, Quidax — live rails for collections and payouts across 10+ African countries (NGN and regional corridors).
Stablecoin settlement available on request (USDC/USDT) with fiat on/off-ramp through our partners.
Global coverage: readiness for ~70 additional countries via partner networks (available but not yet enabled in production).
Primary banking relationship with RBC (Canada) and at least one additional Canadian banking partner.
Two Nigerian banking relationships for payouts and local settlement.

Financial Highlights (TTM, Aug 2024 – Jul 2025):

€323K Net Revenue (transaction fees recognized)
€27.3M Processed Volume

Monthly B2B Volumes & Revenues (sample months, in €):

Jul 2025: Volume €3.2M | Revenue €38.9K
Jun 2025: Volume €2.97M | Revenue €37.4K
Dec 2024: Volume €2.13M | Revenue €23.5K

Revenue Projections (in €):

2025: €386K
2026: €651K
2027: €1.25M
2028: €3.07M
2029: €6.98M
2030: €12.55M

Permissions & Licensing

Foreign Exchange
Money Transferring

Conclusions
The company operates at the intersection of remittances, FX, and fintech innovation, addressing a large and underserved African corridor. With proven transaction volumes, growing B2B adoption, and scalable technology, it is well-positioned for expansion in both retail and institutional markets.