EN#0270 – Fully Operational Finnish EMI for Sale
An exclusive opportunity to acquire a fully operational Electronic Money Institution, licensed by the FIN-FSA (Finland) and passportable across all EEA markets. With Visa principal membership, a strong in-house tech stack, and €1.5 billion in 2024 throughput, this regulated and revenue-generating platform is ideally positioned for strategic expansion across Europe.
Key Highlights Include:
- Licence: Electronic Money Institution (Finland) with full EEA passport
- Card Schemes: Visa principal – authorised for debit and credit issuing
- Clients: 6,100 active SMEs (including limited companies, freelancers, and marketplace sellers)
- Staff: 54 FTEs — 38% product/tech, 34% operations, 17% compliance, 11% exec/support
- Services approved: e-money issuance, IBAN accounts, FX, SEPA/SWIFT payments, card issuing and acquiring. AIS and PIS extensions are in progress
- Market position: Top 5 neo-business bank in Spain and the Netherlands, with rapid market share growth.
- Key competitors: Revolut Business, Wise Business, Qonto, and Tide
License & Regulatory Standing:
Authorised by the FIN-FSA, with full EEA passporting rights. The entity has a clean regulatory record, with no fines, warnings, or remediation. It is externally audited by PwC, with the first FIN-FSA on-site due Q4 2025. Information security is assured via SOC-2 Type I (delivered Feb 2025) and ISO 27001 certification.
Product Offering & Roadmap:
| Function | Status | Notes |
|---|---|---|
| SME multi-currency IBAN wallet | Live | EUR, GBP, USD accounts; local SEPA & SWIFT |
| Visa Business debit & credit cards | Live | Physical & virtual, spend controls, Apple/Google Pay |
| FX & cross-border payments | Live | 33 currency pairs; mid-market + markup |
| Mobile/web banking app | Live | iOS, Android, browser dashboard |
| KYC/KYB engine | In-house | Onfido + ComplyAdvantage AML screens; merchant vertical filters |
| POS Hardware | Roadmap | Partner white-label smart-POS expected Q1 2026 |
Financial Snapshot*:
| Metric | 2024 | 2025 YTD (May) |
|---|---|---|
| Revenue | €3 million | €3 million (run-rate €7m) |
| Gross Transaction Value | €1.5 billion | €250 million/month |
| Assets Under Management | €50 million | €75 million |
| Monthly Recurring Revenue | €350k | €550k |
*The firm has no long-term debt and maintains a €2 million undrawn working-capital facility.
Technology & Operations:
The platform is built on a 100% in-house stack using Go and Python microservices, PostgreSQL, and AWS (Frankfurt). It includes a proprietary NoSQL real-time ledger, horizontally scalable to 10× current load. Infrastructure is PCI-DSS SAQ-D compliant, with encrypted vaulting, full observability, and CI/CD pipelines. External dependencies are limited to PwC (audit) and cloud IaaS.
For further information on the sale of this FIN-FSA EMI, please contact our Mergers & Acquisitions team at info@salvusfunds.com. More entities for sale can be found within our Entity Acquisition or Sale service.
SALVUS Funds’ teams can be engaged for guiding on new license authorisations for investment, payments or crypto-asset services, ongoing regulatory compliance consultancy for such licensed entities, and support in successfully acquiring ready-made regulated entities.
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