Payment and e-money business company in Lithuania

About This Company

The seller offers three e-money businesses, described as European institutions working with electronic money and registered in Lithuania, on exclusive operating terms. Each is its own option. Before pricing, the permits each business really has are checked with that business. The first is described as active and fully operating, with about 350 clients. The seller says it is linked directly to the payment system of Lithuania's national bank, and that this link is what lets it open an IBAN account of its own and send SEPA transfers. The seller adds that it has SWIFT, can handle European correspondent banking transactions and can provide acquiring. Authorised capital is stated as 1 million EUR. The second is described as younger but fully operating. The seller says a licence of EMI type was issued to it in 2021 by a representative office in Lithuania. It has the same central bank link for IBAN accounts and SEPA, with SWIFT in addition, and correspondent banking and acquiring are planned for later. Authorised capital is stated as 700,000 EUR. The third is described as active and fully operating, with a very large number of consumers. The seller gives it the same link, SWIFT and services as the first two. Buyers are promised support with commercial, operational and regulatory matters to get going quickly and reach profit early. The seller will deal only with principals, says current management will stay, and marks the deal as franchise and relocatable. On financing there are two positions: none offered, and a readiness to finance depending on the investor's status. Which one applies is confirmed before a quote.