UK Small Payment Institution (SPI) License for Sale

This listing presents an opportunity to acquire a UK Small Payment Institution (SPI) license, registered in 2019. While the company has a trading history, it is not currently active. The license, regulated by the Financial Conduct Authority (FCA), allows for remittance orders (online and offline), FX services, and processing of international payments. The acquisition is presented as a quick sale and a ready-made solution. The seller offers a fast-track option for website and mobile app development and can assist with upgrading the license to an Authorized Payment Institution (API). Comprehensive support is provided for the change of control process, guaranteed by the seller, with funds held securely. Additional services include introductions to banking providers specializing in the MSB industry, compliance officers for AML procedures, assistance with API applications, appointing a local UK director, and opening business bank accounts in the UK and Europe. Full due diligence on the buyer is required, and proof of funds is mandatory. The asking price is $135,525 (£100,000 GBP), with an additional £15,000 for consultancy services.