Main service: Business bank accounts for companies
Last year revenue: €2M
Last year profit: €500K
Number of Employees: 20
Clients: 550+ corporate clients, 400+ private clients
Location: Vilnius, Lithuania, EU
Licensed by Central bank of Lithuania
Type of licence: Electronic Money Institution (EMI).
Licence year of issue: 2017
Available for financial services in Europe.
Company was inspected by Central Bank in 2024 March
It means you will get a fully audited company by the Regulator with no hidden issues.
Connected to SEPA
Direct connection to SEPA via Centrolink
Current Status
Established and operating business
Annual sales, $
2000000
Annual net income, $
500000
Organizational form
Partnership
Number of employees
20
Problem or Opportunity
There is significant potential for expansion into new markets, representing an excellent opportunity for investors looking to enter the financial technology sector. The platform’s ability to cater to clients previously rejected by traditional banks provides a niche market advantage.
Solution (product or service)
SEPA payment transfers, VISA BUSINESS cards, and SWIFT international payments. Users can make all payments in one place without additional bank fees, helping to optimize financial management and reduce costs.
Advantages or differentiators
Financial projections for the next few years indicate sustained growth, driven by the platform’s expanding customer base and continuous service enhancements.
Business model
The team consists of 20 experienced professionals in the fintech sector. The platform’s quick onboarding process allows new users to set up accounts in as little as 24 hours, enhancing operational efficiency.
Reason for sale
Owner seeks to invest in other businesses.
Market
The platform serves over 500 active business customers, providing them with unique IBAN accounts, seamless SEPA payments, and cost-effective international transfers. The platform is particularly adept at serving businesses with complex models, including high-risk industries such as cryptocurrency exchanges and financial institutions.