UK Payment Institution For Sale - London - FCA Authorised

This is a unique opportunity to acquire a well-established and FCA-authorised Payment Institution based in London, United Kingdom. Operating for nine years since 2014, the company holds a full Authorised Payment Institution (API) license, allowing it to handle unlimited payment volumes. It boasts a substantial customer base exceeding 50,000 individuals and businesses, supported by over 50 PSD agents. The institution has secured banking arrangements with major banks including Clear Bank, Barclays, Development Bank of Singapore, and Bank of America, and supports all major currencies. Key assets include proprietary software for consumer and business payments, a neo-banking/ledger portal, website, apps, and an agent portal. This business is ideal for an acquirer seeking immediate market entry without the lengthy FCA approval process. Management is willing to stay on, and the business is relocatable.