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Established well-known business in LT, MasterCard program, own BIC code, 5,000 clients, 200k month income, 100k cash burn monthly. 7 employees. Own software with compliance automation. 10 years old business servicing ...

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  • Established well-known business in LT, MasterCard program, own BIC code, 5,000 clients, 200k month income, 100k cash burn monthly. 7 employees. Own software with compliance automation.

  • 10 years old business servicing self-service terminals, offering bank-links and an app. Several thousand clients, sales 2019: 500k EUR. <10 people team, own IT on lease, banked with BoL.

Opportunities

  • transfer money worldwide

  • issuing e-wallets, prepaid & contactless cards

  • transfer money including e-money from one user account to another

  • setting up direct debits and processing standing orders, BACS or CHAPS payments

  • creating e-wallets and transacting mobile payments

  • P2P payment solution at crowd funding and market place platforms

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