An opportunity to acquire a Canadian entity in British Columbia, holding registration as a Payment Service Provider (PSP) with the Bank of Canada and as a Money Services Business (MSB) with FINTRAC. The company is fully compliant, dormant, and offers a clean and flexible platform for firms seeking entry into the Canadian payments and fintech sector.
Key Highlights:
🔹 Company Structure: British Columbia-incorporated entity, currently dormant with no prior operational activity. The company maintains a clean structure with no legacy exposures, making it suitable for immediate deployment under a new business model.
🔹 Regulatory Status: Registered as a Payment Service Provider (PSP) with the Bank of Canada (registration confirmed in October 2025) and as a Money Services Business (MSB) with FINTRAC. The entity is in good standing, with its Annual Report submitted in March 2026 and no known regulatory issues.
🔹 Licence Permissions: Authorized to perform key payment functions, including the authorization, transmission, reception, or facilitation of instructions relating to electronic funds transfers, clearing and settlement services, provision and maintenance of accounts on behalf of end users, holding of client funds pending transfer or withdrawal, and initiation of electronic funds transfers on behalf of end users.
🔹 Capital & Financial Profile:There is currently no minimum regulatory capital requirement under the RPAA framework. The entity does not hold regulatory capital at present, providing flexibility for prospective acquirers.
🔹 Banking & Payments Infrastructure: No operational or client bank accounts are currently in place, allowing the acquirer full discretion in establishing preferred banking and payment relationships.
🔹 Compliance Framework: Established policies and procedures are in place, including Risk Management and AML/KYC frameworks, supporting regulatory compliance and operational readiness.
🔹 Financial Position: The company has no assets, debt, or liabilities, ensuring a clean acquisition profile. Current monthly expenses are negligible.
🔹 Transaction Efficiency: The transfer of ownership can be completed efficiently, typically within 1–2 weeks, followed by notification to the Bank of Canada and FINTRAC, facilitating a streamlined acquisition process.
This Canadian PSP & MSB entity represents a compelling acquisition opportunity for firms seeking a compliant and flexible entry into the regulated payments and fintech sector in Canada, combining clean structure, dual regulatory registration, and operational readiness – eliminating the time and complexity of new registration processes.
For further information on acquiring this Canadian PSP & MSB entity 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.
SALVUS Funds’ teams can assist with new license authorisations, regulatory compliance services, and the acquisition of ready-made, licensed financial entities globally.
