Canadian Money Service Business (MSB) License for Sale

This listing presents an opportunity to acquire a registered Money Service Business (MSB) license in Canada, established in 2022. This license is a crucial regulatory approval that enables a wide array of financial services, including the remitting or transmitting of funds through online applications and agent networks, the issuance and redemption of money orders and traveler's cheques, dealing with virtual currencies, facilitating crowdfunding platform services, engaging in foreign exchange transactions, and operating as a Payment Service Provider (PSP). The acquisition package includes essential operational components such as mobile applications and back-office software designed for both online and agent-based remittances. A global payout network is also integrated, along with gateway and acquiring integrations for seamless card transactions, with agreements to be transferred to the new company or directors. Furthermore, bank accounts will be established in favor of the new entity. The license comes with pre-established AML/KYC policies for compliance, and the option to provision a back-office team for customer service and operations is available if needed. Ownership transfer is facilitated immediately following a due-diligence check.