MSOs or EMIs for sale

EMI/MSO jurisdiction?Hong KongHong KongUK/LithuaniaUKLithuaniaCzech Republic
Price to purchase EMI/MSO?€0.13m€0.17m£1,75m/£1,95m$1,037m€2.08m€0.55m
Paid up share capital (US$)?N/AN/AN/AN/A€0.38mNot disclosed
Year of establishment?2019 (License obtained)2018
EMI/MSO licenses and registrations?MSO and Money Lenders License5MSO License6EMI License1No information2EMI License3Licensed by Bank of Czech Republic4
Is this a private Bank or commercial Bank?N/AN/AN/AN/AN/AN/A
Regulator?N/AN/AN/AFCAN/ACzech National Bank
Online license information available?N/AN/AN/AN/AN/AN/A
Latest financials available?Not disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosed
Financial reports available publicly?To be disclosed
Allowed EMI/MSO activities?N/AN/AN/AYesYesYes
Correspondent bank accounts?N/AN/AN/AN/AN/AN/A
Custodian Bank accounts?N/AN/AN/AN/AN/AN/A
Number of existing employees?----N/A-
Foreign shareholder allowed?Yes, subject to PRA
Sole foreign shareholder allowed?Yes, subject to PRA
Management and staff to stay on after sale?N/AN/AN/AYesYesN/A
Assets Under Management?N/AN/AN/AN/AN/AN/A
Clients profile?N/AN/AN/AN/AN/AN/A
Securities regulatory actions or investigations?N/AN/AN/AN/AN/AN/A

  1. Both EMIs have no business activities and software.
  2. No previous operations,Teido software. Bank account in LV, No warnings or penalties from the FCA; Full assistance with Change in Control and bank accounts.
  3. Non-operational; has a corporate multicurrency account and client segregated account with local bank; reason for sale: EMI was to support their other business. But they faced lack of funds to run it so instead decided to make a partnership deal with another EMI and sell the license.
  4. Semi-active; Account in commercial bank in Latvia and in EMI in Lithuania; no debt; PSD2 compliant; owned software, website + Android App + iOS; IBAN service provider available; SWIFT, SEPA, payments routing.
  5. Not operational, clean company; bank account in Hong Kong Bank; the seller provides a new director; Licence renewal in 09-2021. Maintenance services cost is EUR 3,700/month; term ownership change – 1 month.
  6. The Company submitted necessary records and applications to supervision HK authorities and has a good track of quarterly and annual submissions.