UK SEMI for sale

Active UK FCA small electronic money institution (SEMI) licence.

The company and licence are active, though not currently trading.
No current passporting.
One active client, but will be off-boarded as part of the transaction. The business is otherwise dormant, having previously onboarded several pilot clients during test phases.

Historically partnered with ClearBank (currently suspended).
An alternative banking partner is available with a segregated account at no cost, but without virtual IBAN functionality.

Own software — fully proprietary platform, includes client onboarding, AML screening, transaction monitoring, wallet infrastructure, and regulatory reporting.
Full rights can be transferred as part of the sale. All software has been independently audited and security tested.
Platform integrations: AML & KYC: ComplyAdvantage, Onfido; payments: Judopay (card payments), GoCardless (Direct Debits); infrastructure: hosted on Amazon Web Services (AWS).

No full-time staff.
A part-time developer supports the application, and a part-time resource handles accounts/operations. The owner can support onboarding and transitional operations, and would be happy to work with a new buyer on a retainer basis. An operational team can be put in place easily.

Minimal monthly burnout. No ongoing payroll or infrastructure obligations beyond light cloud and compliance services.

Revenue: around £50,000 per year from one client (which will cease).

No fines or liabilities.