EN#0411 – Canada Money Services Business, non-operational, registered with FINTRAC, for sale

An opportunity to acquire a newly registered Canadian Money Services Business (MSB), registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). The entity is established to support money transferring, foreign exchange, virtual currency, and payment-related services. Having not commenced operations, it offers a clean corporate structure with existing compliance documentation for a purchaser seeking to establish or expand financial services activities in Canada. 

Key Highlights: 

• Registration and Regulatory Status: The entity was registered as an MSB with FINTRAC in 2026, with no reported regulatory issues. 

• Registered Activities: The entity’s business scope includes money transmission and remittances, foreign exchange (FX), virtual currency-related activities, payment processing and Payment Service Provider (PSP) activities, subject to applicable regulatory requirements. 

• Company Status & Structure: The entity is newly registered and offers a clean Canadian corporate structure, available for acquisition without an established operational history. 

• Regulatory Capital: There is no minimum regulatory capital requirement solely for FINTRAC MSB registration. Accordingly, no regulatory capital is currently maintained for this purpose. 

• Banking Infrastructure: No operational or client funds bank accounts have been opened. Assistance with establishing operational and correspondent banking arrangements can be provided to the purchaser. 

• Compliance Framework: AML/KYC policies, compliance procedures and risk management documentation have been prepared in accordance with Canadian regulatory requirements. 

• Financial Position: The entity has no reported debts, outstanding financial liabilities or historical business transactions. 

• Operating Expenses: The entity has no operating history or recurring operational expenses at this stage. 

This Canadian MSB represents an acquisition opportunity for firms seeking a newly registered, non-operational entity with an existing FINTRAC registration and no legacy business activities. Its clean financial and operational history, broad registered activities and existing compliance framework provide a practical foundation for a purchaser looking to establish or expand its presence in the Canadian financial services market.

For further information on the sale of this Canadian MSB, 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 guidance on new licence authorisations for investment, payment or crypto-asset services, ongoing regulatory compliance consultancy for regulated entities, and support in acquiring ready-made regulated or registered entities.

#StayAhead