A Canadian entity registered with FINTRAC as a Money Services Business (MSB) is available for acquisition, offered together with an operational payment gateway and orchestration platform. Structured as an acqui-tech or acqui-hire style transaction, this opportunity is designed to significantly reduce time-to-market for buyers that already have, or are capable of deploying, merchant distribution channels.
🔹 Company Profile: Canadian MSB entity registered with FINTRAC, authorised to conduct foreign exchange, money transferring, and payment service provider (PSP) activities. The company is operational but currently without clients or revenue, providing a clean structure without legacy liabilities.
🔹 Regulatory Position: Holds an active MSB registration with FINTRAC. Canada operates a two-step framework whereby MSB registration can be followed by optional PSP registration with the Bank of Canada under the Retail Payment Activities Act (RPAA). RPAA registration has not yet been initiated, providing the acquirer with flexibility regarding safeguarding account arrangements and reporting obligations.
🔹 Technology & Infrastructure:The transaction includes a functional payment gateway and orchestration platform with multi-provider routing capabilities, monitoring and audit trails, role-based access controls, reconciliation and reporting features, pay-in and pay-out flows, invoice generation, black/white list management, and basic anti-fraud tooling. The platform is delivered with documentation, API access, dashboards, and a full technical handover package.
🔹 Operational Setup: Includes AML/CTF policies and compliance documentation prepared in a bank/PSP-ready format, existing partner setups including a crypto account and selected Asian payment methods, as well as preliminary arrangements for safeguarding, operational banking, and Banking-as-a-Service virtual IBAN infrastructure.
🔹 Transaction Structure: Structured as a share sale including the MSB entity, website, and payment gateway infrastructure. The commercial structure is approximately EUR 210,000, with milestone-based payments covering NDA, due diligence (including FINTRAC verification and gateway demonstration), LOI, closing, regulatory updates, and technical transfer. Source-code licensing rights become active following completion of the final deferred payment stage.
🔹 Transition & Support: Corporate and regulatory transition assistance will be provided for a limited period, including responses to counterparties and regulators, alongside an initial technical handover and deployment guidance. Optional operational services, integrations, and additional account openings may be arranged under separate agreements if required.
For further information on acquiring this Payment Gateway Tech with a FINTRAC MSB or exploring other available opportunities, contact our Mergers & Acquisitions team at info@salvusfunds.com or visit our website where more entities for sale can be found within our Entity Acquisition or Sale service. The above is not investment advice nor an invitation to the public to invest. Information is provided strictly for strategic or corporate acquisition considerations among qualified parties.
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