Turnkey Global Money Transfer Business in Ontario

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Financial Details

Asking Price:
$580,000
Location:
Ontario, CA
Source:
Date:
July 11, 2025

Key Highlights

- Established Canadian MSB registered with FINTRAC and the Bank of Canada.
- Facilitates global remittances with active corridors and mobile apps.
- Generates profit from transaction fees and FX rate margins.

Description

Well-established Canadian Money Service Business (MSB) for sale, registered with FINTRC for foreign exchanging and money transferring, and with the Bank of Canada as a Payment Service Provider (PSP). The business facilitates global remittances from Canada to various countries, generating profit from transaction fees and FX rate margins. It features active remittance corridors, Android and iOS apps, a business website, and a full compliance package. Financials are not disclosed.

Industry Information

Industry Description:
Financial
Classification:
Financial Services

Listing Details

Listing ID:
cdcef817-e67d-4792-83f8-41ed3122c3ac
Deal Status:
For Sale
Date Posted:
July 11, 2025
Last Updated:
July 11, 2025
Currency:
CAD

Features & Tags

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