Permissions & Licensing
Foreign Exchange
Money Transferring
PSP
The transaction includes the full technology stack required to operate the business, including:
Mobile applications for iOS and Android
Website infrastructure
APIs
Payment partner integrations
Global remittance corridor setup
Compliance package
Operational framework for onboarding and processing money transfer activity
The software is included in the deal.
The company also holds RPAA registration with the Bank of Canada as a Payment Service Provider, providing an additional regulatory layer for retail payment activities in Canada.
The company has connected payment solutions and relationships with banks, EMIs and PSPs, including Float Financial and NEXTPLS.
The business is operationally light, with low running costs and no substantial marketing spend to date.
ID: 756305000002641264
by
