MSOs or EMIs for sale

EMI/MSO name?MSOMSOTwo EMIsAEMIEMISPI
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?20192018
EMI/MSO licenses and registrations?MSO and Money Lenders License5MSO License6EMI License1No information2EMI License3Licensed by Bank of Czech Republic4
Regulator?N/AN/AN/AFCAN/ACzech National Bank
Financial reports available publicly?To be disclosed
Allowed EMI/MSO activities?N/AN/AN/AYesYesYes
Foreign shareholder allowed?Yes, subject to PRA
Sole foreign shareholder allowed?Yes, subject to PRA

  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.