Singapore Overview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
Major Payment Institution Licence for Sale !
- Company is incorporated in 2017 and has MPI licence (with Cross Border Money Transfer Service only)
- Seller is sole shareholder and sole director
- Employees: 1 staff (excludes seller)
- Location of shopfront : Hougang area
- Rental: $2.6k per mth
- Bankers: DBS (2 accounts - client & operation), Fomo Pay and Aspire
- Financials: conservatively assume P&L breakeven and Balance Sheet net tangible assets (NTA) is zero
- Partners with Western Union
- Seller is open to stay employed by new Buyer as director cum authorised officer to MAS
Asking Price SGD $2.2m
Interested parties call / whatsapp 90670575. Thanks !
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