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UK-Based Authorised Payment Institution with Large Customer Base for Sale in Watford

Watford, Hertfordshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    28/09/23

  • Advert ID

    600386

  • Asking Price: £750,000
  • Turnover: £5,000,000 (£96,154 Per week)
  • Net Profit: On request

Key Features

  • Accounts Available
  • Established Business
  • High Turnover
  • With Car Park
  • Attractive Business
  • Large Business for Sale
  • Company for Sale

Business Details

Financial Institution Payments Company for sale in UK London

A financial institution established since 2014 with large customer base, bank accounts  and trained staff.

Its an Authorised Payment Institution, authorised and regulated by FCA since 2015 and is in market for 9 years.

It has bank accounts arrangement with Clear Bank, Barclays, Development Bank of Singapore, Bank of America. It can handle all major currencies including but not limited to GBP, EUR, USD, CAD, AUD, AED, CNY. It has some advanced approvals already in place with few more banks and as per client need if any particular solution is needed that can be secured based T&M basis.

It has over 50 PSD agents/franchises in the market.

It has over 50,000.00 customer base.

It has proprietary software to handle consumer payments, business payments and products are for  Neo banking/ledger portal, website, PSD Agent Portal, social media presence, digital store in minutes.

It has payment institution licence.

As a licensed payment institution (API) it can handle any amount of payments per day, there is no upper limit to the capacity of money it can process.

It would be ideal for someone who needs a quick access to the market without getting into the hassle of FCA long and time taking process of approvals.

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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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