Georgian PSP for Sale

This Georgian Payment Service Provider (PSP), established in 2015, is now available for acquisition. With a robust network of 11 branches and over 70 partner branches, this PSP has a strong foothold in the Georgian market, servicing government institutions and offering comprehensive e-wallet and payment processing solutions. The company boasts 45,000 active e-wallet clients, primarily in high-risk sectors such as gambling, and achieves a monthly turnover of 500,000 EUR. The PSP is supported by its proprietary software and a dedicated team of seven developers, ensuring technological independence and innovation. Financially, the company has recently reached a break-even point, with a monthly operational expense of 40,000 EUR. Banking relationships are well-established with several accounts in leading Georgian banks, Bank of Georgia (BoG) and TBC Bank. This opportunity is ideal for investors looking to enter or expand in the Georgian financial services market, leveraging the company's existing infrastructure, client base, and technological assets.