Authorised EMI in Lithuania, operating with 21,000 customers

About This Company

Shares in the authorised Lithuanian legal entity transfer to the buyer upon completion, carrying the Electronic money institution licence for non-limited activity, which belongs exclusively to the corporate entity and cannot be assigned by asset transfer. The company operates low-risk B2C services for working travellers across Europe, generating annual turnover of EUR 20M and annual revenue of EUR 450-500K. The customer register lists 21,000 customers, with 10-15% returning. Technical integrations include CurrencyCloud, CENTROlink, proprietary software, and 12 business and safeguarding banking arrangements. The enterprise employs 11 staff, with monthly running costs of EUR 35-37K.

Acquiring a direct or indirect qualifying holding reaching or crossing 10%, 20%, 30%, or 50% of capital or voting rights requires prior written notification to the Bank of Lithuania under Law on Banks Arts 24-25 and EMI Law Art. 17. The regulator assesses acquirer reputation, financial soundness, executive fitness, and AML/CFT risks. The buyer must review safeguarding accounts at central banks or credit institutions to confirm client fund segregation. The buyer must also verify corporate standing among the 70 authorised institutions recorded on the register of Lietuvos bankas on 2026-09-24 before executing the share purchase.