Licensed AEMI – Latvia

💼 Regulated by the Central Bank of Latvia | AEMI License issued: June 2024 | Active Client Base

Included in the sale

✅ AEMI License under Latvian jurisdiction – fully compliant and regulated

✅ Live infrastructure with 20 customers (10 active SEPA users)

✅ In-house developed core banking system – TSP CORE

✅ Fully functional customer dashboard (banking platform)

✅ Integrated KYC/KYB/Transaction Monitoring via SumSub

✅ Operational and segregated accounts in Magnetic Bank & Industra Bank

✅ SEPA Payments live via Magnetic Bank

✅ Own SEPA Direct Rails via EKS (Central Bank of Latvia) – ultra-low cost: €0.006/tx

✅ Additional business line: 350+ physical retail points across Latvia selling prepaid vouchers (games, iTunes, etc.) and bill payment services

✅ VISA Principal Membership in progress – estimated go-live: October 2025 (currently in test mode).

• Card processing by DECTA
• Card personalisation by TIETOEVRY, manufacturer TAG

✅ Target audience: Low to mid-risk retail/business clients, up to 15% high-risk volume supported

✅ Strong leadership team in place (CEO, COO, CTO, CCO + 2 staff) – option to retain post-sale

✅ Monthly burn rate approx. €35,000

✅ Share capital: €600,000

💡 This is a fully operational fintech company with a solid regulatory foundation, active clients, proprietary tech, and card infrastructure in motion.