Mauritius Payment Service Provider Project For Sale
Description
We are offering an interesting Mauritius Payment Service Provider (PSP) project for sale. This particular project is unique and has been well developed and managed. The project is at launch stage. Local staff in Mauritius are on hand as well as a project manager and ex-banker based in Malta. All staff are qualified and vetted with good accounting, good qualifications and strong backgrounds. The project focuses on international payment services and comes with plans not only for immediate PSP licensing but direct correspondence banking relationships, SWIFT connectivity and card issuing ability. The project could also support crypto related activity for on/off ramp services.
The project has been completely planned out and project managed by an ex-banker but due to an unfortunate financial situation the original backer was unable to financially commit to project at the closing stage. A replacement is hence sought that is willing to fund the project. Full project plan and cash flow forecast is available subject to an NDA. Project would suit a credible hands off investor seeking oversized long terms returns from a service designed for a young tech savvy demographic.
Initial cost for licensing stage including two local resident directors, shared compliance, shared MLRO officer plus associated costs is $61,000. A complete proforma invoice is available detailing all costs that make up this figure. The cash flow plan shows that for the first three years the burn rate per annum is around $80k-$90k. The project was developed with a $1,000,000 equity investment in mind offering headroom to expand quickly but this can be discussed.
Full details can be provided and elements can still be adjusted to suit an investors budget. Feel free to contact us to discuss further.
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