Federally Incorporated Canadian MSB (2023) – Bank-Authorized & Lending Ready
A federally incorporated Canadian MSB established in 2023 with Tier 1 banking relationship and bank authorization for MSB activity since November 2024. Fully operational and compliant under FINTRAC, PCMLTFA, and PIPEDA frameworks. The company conducts money remittance, PSP operations, foreign exchange dealing, and government-licensed payday lending in Alberta. Integrated IBV and Loan Management System (LMS) infrastructure ensures seamless underwriting and payment processing. Compliance Officer and regulatory framework already established. Clean financials, no debts, T2 filings completed. Optional transfer of existing client base available. Turnkey acquisition opportunity for investors or fintech operators seeking immediate entry into the Canadian MSB and alternative lending market.
Suitable For
Available Activities
Money Remittance; Payment Service Provider (PSP); Foreign Exchange (FX); Payday Lending (Government-Licensed Direct Lender in Alberta).
Assets Details
Bank-authorized MSB status; Licensed Alberta payday lending activity; IBV integration; Loan Management System (LMS); Payment processor integration; Compliance manual; Operational banking relationship.
Compliance Officer
Not Needed
Local Director
Not Needed
MLRO
Not Needed
Revenue
Revenue-generating. Details available under NDA.
EBITDA
Positive EBITDA. Detailed breakdown available under NDA.
P&Ls
Available upon NDA.
Financial Statements
Clean financials. T2 corporate tax returns filed with CRA. No outstanding tax issues.
Unpaid Debts
No unpaid debts.
Unpaid Liabilities
No outstanding liabilities.
Traditional Bank Accounts Details
Tier 1 Canadian bank account operational for 12+ months. No AML flags. Fully functional for MSB and lending activity.
PSP Accounts Details
Authorized and compliant payment processor for MSB and lending operations. Integrated with IBV and Loan Management System (LMS).
KYC/KYT/KYB Providers Details
FINTRAC-compliant AML framework under PCMLTFA. IBV integration for customer bank verification. Compliance manual aligned with AML, PIPEDA, and Canadian regulatory standards.
Due Diligence Documentation
Clean financials; T2 forms filed with CRA; No AML flags; Bank authorization confirmation; Compliance manual; Regulatory filings available upon request.
Structure of Deal
Share deal. Full corporate transfer including MSB registration, lending authorization, banking relationships, and operational integrations.
Main Corridor
Canada domestic remittance and lending operations. Cross-border payment capability available via PSP integration.
Transfer Time
4–8 weeks subject to bank approval and regulatory notifications.
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