Fully Licensed Canada MSB Bank In Toronto For Sale

Description

Money Services Business – Fully Licensed and Operational Established in June 2024 and based in Toronto (Vaughan), this fully licensed Money Services Business (MSB) provides a turnkey platform for financial services in Canada. The license is valid until December 2026, with a straightforward renewal process. Business Highlights: * 100% owner-operated with 6 employees * Serves approximately 150 active clients, with room for growth * Established correspondent banking relationships with TD Bank, Zenus Bank, Zand Bank, Banking Circle UK, Intercash, and ClearBank * Services offered: Foreign Exchange, Money Transfer, Payment Services Provider (PSP), Virtual Currency Operations * Monthly operational obligations around USD 25,000 (excluding salaries) This is a rare opportunity to acquire a licensed MSB with an existing client base, established banking relationships, and significant growth potential in the Canadian and international financial markets.