Finland- Authorized Payment Institution for sale

Overview
Founded in 2022, this lean tech venture operates a proprietary payments-as-a-service platform that lets freelancers invoice clients and receive net salaries in minutes while the platform automates all tax and social-security deductions. Core functionality is augmented by instant salary advances and micro-loans, giving independent workers a true “mini-back-office in a pocket.”

Licensed Activities
Execution of payment transactions, including transfers of funds on a payment account with the user’s payment service provider or with another payment service provider:
- execution of direct debits, including one-off direct debits
- execution of payment transactions through a payment card or a similar device
- execution of credit transfers, including standing orders
Execution of payment transactions where the funds are covered by a credit line for a payment service user:
- execution of direct debits, including one-off direct debits
- of payment transactions through a payment card or a similar device
- execution of credit transfers, including standing orders
Acquiring of payment transactions

Product & Value Proposition
End-to-end payroll for freelancers – taxes, insurance and filings handled automatically; no need to incorporate or open business bank accounts.
Real-time payouts – domestic instant-payment rails push net salary to the user’s bank within seconds once the client settles.
Embedded finance upsells – 24/7 micro-loans available inside the app and an on-demand salary-advance feature (average fee 8 %).
Compliance passporting across the European Economic Area allows expansion without relicensing.

Traction & Market
>15 000 registered users on the platform (no marketing spend to date).
100 900 salary payments processed last month, representing €1.3 M gross revenue.
Primary focus on the domestic Nordic market; early cross-border users validate passport-enabled expansion.
Zero IBAN issuance or card rails today – whitespace for prepaid debit or expense cards.

Financial Snapshot (May 2025)
Monthly profit: €40–50 k, growing ~€5 k month-over-month.
Headcount: founder + 2 FTEs; EBITDA per employee >€15 k/month.
Unit economics: positive from first transaction; working-capital needs covered by advance/loan margins.

Technology & Operations
The stack is fully proprietary, giving complete control over payments logic, risk scoring and compliance updates. No dependence on card schemes or IBAN sponsorship keeps fixed costs minimal and enables rapid geographic cloning.

Growth Opportunities
Launch own IBAN & card products to unlock interchange and FX fees.
Embed the API in freelancer marketplaces for B2B2C distribution.
Upsell insurance bundles beyond mandatory coverage (health, equipment).
Expand to additional EU states via existing passport; signage and tax logic already modularized.

Conclusion
A profitable, fast-growing payroll-as-a-service platform for the freelance economy, with sticky compliance workflows and built-in credit rails. The business is still at a sub-€2 M run-rate yet already generates positive cash flow, positioning it as a compelling bolt-on or growth-capital target ahead of pan-European scale-out.