Baltic EMI for Sale with Full EU Passport
Price: €1.9m + capital
Passport: 30 EU/EEA states
SEPA payments from: €0.003
100% of a live, revenue-generating electronic money institution in the Baltics, passported to all 30 EU/EEA states. Own BIC, SWIFT, SEPA, client IBANs, a prepaid Mastercard programme and the client portfolio are included.
An EU e-money licence that is already trading
VG Advisors has been mandated on the sale of 100% of the shares in a Baltic electronic money institution (EMI). The company holds a full-scope e-money licence issued by a Baltic euro-area central bank and is passported to every EU and EEA member state. One company can serve customers across the whole European Union.
This is not a dormant shell. The EMI is live and earning revenue, and its client portfolio transfers with the company. A buyer takes over a working payments business with its licence, infrastructure and customers already in place.
What the buyer acquires
A full-scope EMI licence, passported to 30 EU/EEA states
Its own BIC and SWIFT membership
Direct SEPA Credit Transfer participation
Dedicated client IBANs
Multi-currency accounts in more than 20 currencies
A prepaid Mastercard programme
The existing client portfolio and revenue
Direct access to central bank payment rails
An EMI licensed in Lithuania or Latvia can connect to SEPA directly through the central bank. The routes are CENTROlink at the Bank of Lithuania and EKS at the Bank of Latvia, with no sponsor or correspondent bank needed. Payments cost from €0.003 each at the highest volume tier, and there is no dependency on a third-party bank that can withdraw access.
The licence also allows direct TARGET participation: settlement in T2 and TIPS in central bank money in EUR and DKK, plus SEK instant payments.
Who this EMI suits
UK payment and fintech firms after Brexit
Since the UK lost its EU passport, many FCA-authorised firms cannot serve EU customers or reach euro rails on the same terms. Owning an EU EMI restores both: an EU regulated subsidiary with its own SEPA access and a passport to every member state.
Non-EU groups entering Europe
Payment companies, crypto groups and banks from the GCC, Asia and the Americas can use the EMI as their European regulated base, without waiting through a new licence application.
Existing EU players adding scale
Payment institutions and smaller EMIs can add an EU-wide passport, a card programme and an income-producing client book in a single transaction.
Buying an EMI versus applying for a new licence
A new EMI application in the EU commonly takes a year or more before the company can trade. After approval, it still has to secure safeguarding banks, card scheme membership, SEPA access and its first clients. Buying an existing EMI replaces most of that work with a single change-of-control approval. The buyer starts with a running business.
Transaction process
The sale is subject to change-of-control approval by the supervising central bank. The buyer and its beneficial owners will need to show suitability, a clear source of funds and a credible business plan. VG Advisors works with the buyer and the seller through due diligence, the share purchase agreement and the regulatory filing.
The company's name, financials and data room are released to qualified buyers after a non-disclosure agreement and a fee agreement are signed.
Frequently asked questions
What does the price of €1.9m + capital mean?
€1.9m is the price for 100% of the shares, including the licence, infrastructure and client portfolio. On top of that, the buyer funds or reimburses the regulatory own funds held in the company.
Does the buyer need regulatory approval?
Yes. Acquiring a qualifying holding in an EU EMI requires prior change-of-control approval from the national central bank that supervises it. The buyer and its ultimate beneficial owners submit an application covering suitability, source of funds and business plan.
Why buy an existing EMI instead of applying for a new licence?
A new EMI application commonly takes 12 months or more before the company can trade, and then still needs banking, scheme and SEPA connections. An existing EMI comes with its licence, passport notifications, BIC, SEPA participation, IBANs, card programme and clients already in place.
Can a UK company use this EMI to access SEPA after Brexit?
Yes. An EU-licensed EMI can connect directly to SEPA without a sponsor bank and can serve customers across all 30 EU/EEA states under its passport. A UK group would own the EMI as its EU regulated subsidiary.
How do I receive the name and financials of the EMI?
Write to info@gencs.eu with your ticket size, source of funds and intended use. Identity, financials and data room access follow once a non-disclosure agreement and a fee agreement are signed.
Request the information pack
Email: info@gencs.euWhatsApp: +371 29265441
Valters GencsAttorney at Law | M&A AdviserVG Advisors Ltd, London · Riga · Vilnius · Tallinn
This page is for information only. It is not an offer, invitation, recommendation or financial promotion and does not form the basis of any contract. All figures and descriptions are indicative, as reported by the vendor, have not been independently verified by VG Advisors Ltd and are subject to due diligence. Central bank fees and access terms are as published by the respective central banks; €0.003 applies at the highest volume tier. Any transaction is subject to contract and to change-of-control approval by the relevant regulator.
