Banking Software Business for Sale in Greater London, UK

This listing presents a unique opportunity to acquire a banking software business based in Greater London, United Kingdom. The business operates on a model that does not require cash deposits for daily operations, instead leveraging assets pledged by account holders, including goods, services, property, bonds, and shares, which are monetized digitally. The platform is built using advanced technology, supporting 1G through 5G networks and developed with C++ and C# programming languages, requiring an estimated 10,000 development hours for initial customer onboarding. Valuation is based on a projected daily transaction volume of $7 trillion, leading to an estimated annual turnover of US$2555 trillion. The business features its own independent clearing house and general ledger, adhering to UK banking standards like SORT CODE and SWIFT CODE, and also incorporates Indian banking transaction codes (IFS CODE, BI CODE). It possesses significant passporting rights, controlling visa services for 221 countries. The proprietary mobile application is not available on public app stores but is distributed directly to clients within the bank's premises. Key pledged assets include customer IMEI numbers, POS terminal serial numbers, Mac serial numbers, and passports. The business highlights a legacy of 88 years in banking and aims to be a 'game changer' in the industry, branded as SWIFT CODE.