Group of Fintech Companies with Licenses in Multiple Jurisdictions

Acquire a group of fintech companies and gain access to European markets within 3–6 months. The group includes an EMI, VASP, MSB, and an operational company in Cyprus. An EMI (Electronic Money Institution) issues electronic money, opens payment accounts, and processes transfers. A VASP (Virtual Asset Service Provider) works with cryptocurrency and digital asset services. An MSB (Money Services Business) is a Canadian financial services provider registered for remittances, currency exchange, and payment operations. The Cyprus-based company manages the group’s brand and operational platform.

A ready-made, operating business consisting of four licensed fintech companies in Finland, Cyprus, Canada, and Lithuania provides a strong foundation for profit growth and business expansion. The offer is suitable for payment companies, banks, crypto exchanges, fintech groups, large investors, and private funds.

As a result, the new owner receives:

• Time savings on obtaining licenses;
• A company with VASP (Virtual Asset Service Provider) status;
• An ongoing process of obtaining CASP status in the EU — authorization as a crypto-asset service provider under MiCA regulations (EU Markets in Crypto-Assets Regulation);
• Access to global markets and opportunities for capital raising.

Note: In some cases, a change of beneficial owners may require opening a new bank account.

Benefits for Investors and Shareholders

• Business Process Optimization: Proprietary software and a MacroBank source code license without recurring payments provide the new owner with greater independence from external IT providers. The platform supports payment operations, customer accounts, client verification, transaction monitoring, and reporting.
• Product Line Expansion: The group combines financial products and services within a single infrastructure. It can be used to develop corporate payments, fintech operations, crypto-related services, and solutions for businesses requiring multi-currency settlements.
• International Structure: The group operates across several jurisdictions. Through access to EEA (European Economic Area) countries — and potentially all EU member states in the near future — the client and partner network can expand globally.
• AML/KYC Compliance Procedures: The companies within the group have implemented AML/KYC procedures. AML refers to anti-money laundering regulations, while KYC refers to customer verification and identification procedures. The structure already includes operational management, transaction control, monitoring, and reporting systems, reducing the buyer’s workload during launch and transfer.
• Platform for Further Growth: The buyer acquires not an early-stage concept, but an established infrastructure with licenses, registrations, banking relationships, a technological platform, and an operational team.
• Retention of the Operational Team: The managing director, MLRO (Money Laundering Reporting Officer responsible for AML compliance and regulator communication), and the rest of the team are prepared to continue operations after the transaction. Legal, accounting, and IT functions may also be outsourced if permitted by regulators.

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Additional Advantages and Growth Prospects

The group is already developing its payment infrastructure and preparing for more direct integration with European payment systems. Connection to EKS (Electronic Clearing System) is planned for June–July. This system processes payment clearing and is expected to provide direct integration with SEPA — the Single Euro Payments Area used for euro transfers across Europe.

• The Finnish EMI has passporting coverage across all EEA countries. An EMI (Electronic Money Institution) can issue electronic money, open payment accounts, and process transfers. The EEA includes EU member states plus Iceland, Liechtenstein, and Norway. Passporting allows a financial institution licensed in one EEA country to operate in other EEA jurisdictions under certain regulatory procedures.
• Client funds are safeguarded through dedicated safeguarding accounts with Magnetiq Bank and BluOr Bank. Safeguarding accounts are separate accounts used to protect client funds from being mixed with company operating funds.
• The technological platform is included in the transaction and can be transferred quickly to the new owner. The MacroBank digital banking platform license has no recurring fees and enables the launch of proprietary digital banks.

The transfer process begins after signing the Share Purchase Agreement (SPA) and payment of the initial deposit.

Structure of the Fintech Group

The group consists of four integrated and regulated fintech organizations located in different jurisdictions. This structure covers all EEA member states and provides opportunities for global business expansion.

Oy (Finland)

The Finnish company operates as an EMI (Electronic Money Institution) and is supervised by FIN-FSA, the Finnish Financial Supervisory Authority.

Advantages of a Finnish EMI License

• Access to SEPA/SWIFT international transfers;
• Fast authorization procedures within a transparent regulatory framework;
• Issuance of electronic money and corporate multi-currency IBAN accounts throughout the EU/EEA;
• Simplified cross-border payments through established banking partnerships;
• Access to correspondent banking services outside the EEA.

A Full EMI license allows operations across the European market, including opening customer payment accounts and electronic wallets, processing transfers, and providing services throughout the EEA.

Ltd (Cyprus)

Cyprus Ltd is a private limited company registered to manage the group’s brand and operational platform. It performs an operational role by centralizing product management, technological infrastructure, commercial processes, and coordination between the group companies.

UAB (Lithuania)

The group also includes a Lithuanian UAB (private limited liability company) registered as a VASP. A VASP (Virtual Asset Service Provider) provides crypto-asset services such as exchange, custody, transfers, and other approved activities.

The company is also progressing toward CASP authorization under MiCA regulations. CASP refers to a crypto-asset service provider under EU regulation. MiCA introduces unified EU standards for crypto businesses, including authorization, supervision, disclosure requirements, customer protection, and operational oversight.

After obtaining CASP authorization, the company will be able to expand crypto services under a unified EU regulatory framework.

The group has also entered into an agreement with CENTROlink — the payment system of the Bank of Lithuania that provides financial institutions with technical access to SEPA.

Financial Solutions Corporation (Canada)

The fourth company is located in Canada and operates in the following areas:

• Remittance services;
• PSP services (payment service provider operations for receiving, sending, and processing payments);
• FX dealing and currency exchange;
• Payday loans, where covered by separate provincial licensing requirements.

FINTRAC (Financial Transactions and Reports Analysis Centre of Canada) is Canada’s financial intelligence and AML supervisory authority. AML/ATF regulations relate to anti-money laundering and anti-terrorist financing requirements. MSBs must register with FINTRAC, implement compliance programs, conduct customer verification, maintain records, and submit mandatory reports.

How to Acquire the Group of Companies in Lithuania, Cyprus, Finland, and Canada

Ownership Transfer Procedure

1. Free consultation with International Wealth specialists.
2. After preliminary agreement, the parties sign an NDA (Non-Disclosure Agreement). This allows the seller to disclose confidential information regarding the corporate structure, licenses, banking relationships, technology, and financial indicators.
3. The buyer then provides documents for initial verification, including:
   • Passport of the beneficial owner or key decision-maker;
   • Proof of funds confirming financial capability for the acquisition.
4. The seller provides an information memorandum containing details such as:
   • Corporate structure;
   • Licenses and registrations;
   • Banking confirmations;
   • Technological platform;
   • Financial indicators;
   • Compliance overview;
   • Management profiles.
5. The buyer’s legal advisors conduct due diligence, including legal, financial, and operational review of the business.
6. After completion of due diligence, the parties negotiate and sign the SPA (Share Purchase Agreement), which defines:
   • Transaction value;
   • Payment structure;
   • Transfer timelines;
   • Warranties;
   • Change-of-control conditions;
   • Seller obligations after closing.
7. Information regarding changes of control, shareholders, beneficial owners, directors, and key persons is submitted to the competent authorities in the relevant jurisdictions.
8. For regulated companies, additional regulatory approvals and reviews may apply.
9. Information regarding changes in company management is submitted to the relevant authorities in each jurisdiction.

Why Acquire the Group Through International Wealth

• Pre-Transaction Structure Review: This helps buyers understand in advance which licenses, registrations, banking relationships, and operational functions are included in the transaction.
• Support with Negotiations and Documentation: This reduces the risk of documentation errors and helps the buyer navigate the transaction process more efficiently.
• Assistance During Business Transfer: International Wealth assists with coordinating the operational team’s participation, transfer timelines, and change-of-control procedures.
• Preparation for Seller Verification: This increases seller confidence and reduces delays before the information memorandum is provided.

Launch a Fintech Business with a Ready-Made Regulated Structure

With International Wealth, acquiring a fintech group in Finland, Lithuania, Canada, and Cyprus becomes a transparent and manageable process. Instead of purchasing a standalone company without infrastructure, the buyer acquires a complete operational structure.

Frequently Asked Questions