Details of this transaction
- API license that has been previously used for money remittance between UK & Poland.
- The license can be transferred to a qualifying buyer and be ready for use within a short period of time.
- The seller is able to facilitate the transfer process.
- PSD2 authorization
- Clean – No fines or warning from FCA
- Passportation – UK + Gibraltar
- Capital GBP 155.000
- External Compliance Audit Dec 2019 – Passed
- Business & Safeguarding Bank accounts in Poland, Latvia & Lithuania
- The company has an account with SafeNetPay (UK), Igoria (Poland) & CurrencyOne (Poland)
- Company may issue its own IBANs in EUR currency for SEPA & SEPA Instant)
- All Necessary internal documentation (procedures and policies) for conducting of E-money business and opening of correspondent accounts
- CENTROlink (Bank of Lithuania) for SEPA Credit Transfer and SEPA INSTANT Credit Transfer payment schemes. Potentially the company may get a connection to Target2 (via a commercial bank in Latvia)
- The rental agreement for the SaaS platform. The agreement can be stopped at any time for further migration to another platform