A fully compliant, FSCA-regulated Foreign Exchange Intermediary in South Africa is available for acquisition, offering a turnkey and cost-efficient platform for firms seeking immediate entry into the FX market. The transaction involves the sale of 100% of the issued share capital of the entity, providing direct access to a regulated structure, established banking relationships, and an operational framework.
Key Highlights:
🔹 Business Structure: An active, fully compliant Foreign Exchange Intermediary operating under FSCA regulation, supported by established infrastructure and operational readiness.
🔹 Regulatory Status: Licensed by the Financial Sector Conduct Authority (FSCA) under:
- Category 1.13 (Securities and Derivative Instruments)
- Category 1.18 (Short-Term Deposits)
The entity maintains a clean compliance record with no regulatory issues. Comprehensive documentation is in place, including AML registration, Professional Indemnity Insurance, and full compliance policies.
🔹 Capital & Financial Profile: Regulatory requirements specify that assets must exceed liabilities, with no fixed minimum capital threshold, offering flexibility for prospective acquirers.
🔹 Operational Footprint: The business is active and servicing a long-standing client, generating approximately ZAR 300k in annual revenue.
🔹 Operating Costs: The entity incurs approximately ZAR 36k annually for FSCA levy and accounting requirements, alongside around ZAR 800 per month for Professional Indemnity Insurance.
🔹 Banking & Infrastructure: The entity maintains an operational account with Capitec Bank and established FX dealing lines with ABSA. Clients retain their own bank accounts, with the entity facilitating FX transactions via ABSA’s infrastructure.
🔹 Financial Liabilities: A structured payment arrangement with SARS is in place until August 2026.
🔹 Compliance Framework: Fully established compliance, AML/KYC, and risk management policies are implemented, ensuring regulatory adherence and operational integrity.
This opportunity represents a compelling acquisition for firms seeking a low-cost, fully compliant entry into the South African FX market, with immediate operational capability and established banking relationships – eliminating the time and complexity associated with new licence applications.
For further information on acquiring the sale of this FSCA-regulated Foreign Exchange Intermediary or exploring other available opportunities, contact our Mergers & Acquisitions team at info@salvusfunds.com. 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.
SALVUS Funds’ teams can assist with new license authorisations, regulatory compliance services, and the acquisition of ready-made, licensed financial entities globally.
