Group of Licensed FSPs and Credit Providers in South Africa with Insurance Brokerage

This listing presents an opportunity to acquire a group of licensed Financial Services Providers (FSPs) and registered credit providers located in South Africa. The group possesses established operational infrastructure, including various bank accounts with major South African banks, comprehensive payment systems, credit checking and registration systems, and account debit systems essential for efficient operation in the lending space. Furthermore, the group is equipped with systems for operating an insurance business and insurance brokerage, holding multiple brokerage contracts with prominent JSE-listed insurers. A significant advantage is that all existing group debts will be settled prior to sale, ensuring the buyer acquires a debt-free entity. The existing staff and directors are keen to continue their roles, facilitating a smooth transition.