Rare Opportunity To Takeover Fintech Money Changer License As Approved By The MAS

Hi, 

We are looking for an ambitious invididual or corporate to takeover our business. We own and operate 3 money changer ATMs deployed at Kovan, Woodlands MRT and Chinatown MRT. Users are able to buy and sell up to 10 different foreign currencies. The business is 'plug-and-play', you will be taking over an operational ready business. 

We are looking for takeovers because we are unable to commit full-time to this venture. So this is a golden opportunity for someone who has the requisite experience and know how to dive into the world of FinTech. As part of the takeover, you will own:

1. A fit-for-purpose Anti-Money Laundering Policy developed in-house and approved by the MAS

2. A fit-for-purpose Business Model that allows for multi-location expansion developed in-house and approved by the MAS

3. MAS Money Changer License that is approved for multi locations

4. Explicit approval by the LTA for placement of our ATMs in MRTs (extremely rare and difficult to get)

5. Proprietary and fully customisable source code

Potential upsides are:

1. Rapid expansion and scalability 

2. Potential upgrading of license to remittance

3. Multi nation operations 

4. Cross selling opportunities 

As MAS is strict on the background of buyers, we will not be able to accept partial investment. If you are interested, please drop us a message. We are happy to discuss. Thank you for considering.