EN#0402 – Canadian MSB, non-operational, registered with FINTRAC, for sale
An opportunity is available to acquire a newly established Canadian Money Services Business, intended for foreign exchange, money transfer and virtual currency-related activities. The package also includes ready crypto wallet software, providing a buyer with a broader foundation for developing a crypto, payments or exchange-related business model.
Key Highlights:
- Registered Activities: The company is intended for foreign exchange, money transfers, and virtual currencies.
- Software Included: The Canadian package includes ready crypto wallet software, which may support a buyer seeking to develop virtual currency, wallet or exchange-related services.
- Operating Status: The company is newly established, with no operating history and no clients.
- Financial Position: The company has no reported debts, outstanding liabilities, or other financial obligations.
- Compliance Package: AML/KYC and compliance policies are included. A Sumsub account is also available.
- Ongoing Costs: There are currently no recurring monthly operating expenses. Annual corporate filing and registered-address renewal costs are approx. USD 500.
- Buyer Advantages: The opportunity offers a clean corporate history, low maintenance costs, prompt ownership transfer, included compliance documentation and ready crypto wallet software.
This Canadian MSB opportunity may be attractive to buyers seeking a clean MSB structure with virtual currency, FX and money transfer-related activities, supported by ready crypto wallet software and included AML/KYC documentation.
For further information on the sale of this Canadian MSB with crypto wallet software, please contact our Mergers & Acquisitions team at info@salvusfunds.com. More entities for sale can be found within our Entity Acquisition or Sale page.
SALVUS Funds’ teams can be engaged for guidance on new license authorizations for investment, payment or crypto-asset services, ongoing regulatory compliance consultancy for regulated entities, and support in acquiring ready-made regulated or registered entities.
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