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Writer's pictureValters Gencs

Authorized as an Electronic Money Institution by the Financial Conduct Authority of United Kingdom and Electronic Money Institution by the Bank of Lithuania for sale

Updated: Oct 8, 2024

Offer to buy 100 per cent shares in company with Authorized electronic monies institution license in United Kingdom. Authorized as an Electronic Money Institution by the Financial Conduct Authority of United Kingdom and Electronic Money Institution authorized by the Bank of Lithuania.

 

Offer to buy 100 per cent shares in companies.

 

Holding electronic money licenses in both regions, offering financial services to the residents and non-residents of the UK and the EEA (including India, China and GCC countries -  Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates )

 

(UK): Authorized as an Electronic Money Institution by the Financial Conduct Authority under the Electronic Money Regulations 2011- e monies and payment services

 

Consumer Credit Institutions: included in Public List of Consumer Credit Providers

 

SOFTWARE/APPLICATION:

 

Developed in-house, our comprehensive software suite covers every aspect from onboarding, risk scoring, and billing engines to security, backend, and frontend, including top-rated mobile applications for both iOS (Apple) and Android (Google) platforms

 

Other Partners: Debit Cards: Visa (having principal membership)

Card Processing: Thredd (formerly known as GPS)

Core banking: Oracle Flexcube

ID and Identity verifications: SumSub

CRM: Microsoft Dynamics

 

 

CURRENT ACTIVITIES & BUSINESS:


Holding electronic money licenses in both regions, offering financial services to the residents and non-residents of the UK and the EEA (including India, China and GCC countries-  Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates )

With a focus on swift and automated onboarding, it provides an extensive array of payment services, including e-account with IBAN,

multi-currency wallets (31 currencies),

top-up account by using card,

virtual and physical debit cards,

google pay and apply pay,

foreign exchange,

seamless local and international transfers (local, SEPA, SWIFT)

membership plans (with flexibility for customers to create their customized plan),

cash backs,

personal finance tools,

finance education platform etc.

SME (legal entities) accounts

Consumer lending products (personal loan, buy now pay later, credit cards etc.)

 

 

TEAM & HEADQUARTER:


Dual headquarters located in the UK and Lithuania, as well as operational teams spanning the UK, various European countries, Middle East and Asia.

 

 

With a team of 170+ people across various jurisdictions, has experienced and skilled workforce, with extensive knowledge of the fintech industry, spanning diverse departments, including compliance, AML, risk, technology, operations, business, strategy, and marketing. Strong advisory board members

 

VISA MEMBERSHIP:

Principal Member

 

CURRENT NUMBER OF CUSTOMERS:

180 000

 

PRICE:

Offer to buy: 100% acquisition of current business, licenses, technology, and the team: EUR 125 million

 

Further info; Valters Gencs, info@gencs.eu Whatsapp/Telegram/Viber

371-29265441

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