The FSP license in South Africa for sale is a ready-made setup allowing for a purchaser to immediately launch operations after purchase. The main details are available below.
FSP for sale: details of the transaction
- The legal entity is FSCA licensed as a Cat 1 FSP, authorized for deposit-taking and short-term insurance. New owner can easily add other authorizations.
- Has a Bridging Finance platform that allows customer agents to apply for and settle bridging finance on behalf of their clients.
- Has a secured banking system that allows the company to open, manage, and close client investment accounts, and even take administration fees from those accounts monthly – automated.
- Legal Director, Finance Director, Managing Director, 2 Compliance Officers, Key Individual are in place.
- Has a Client/Investor Portal that’s being developed; Has an External Audit Firm.
- Professional Risk covers in place for various risks such as Theft, fraud & misappropriation of client funds, Director & officer liability, Cyberattacks.
- 3 bank accounts – Client deposits account, Distribution account, and business account.
- KYC systems in place, automated onboarding & AI-enabled customer support being effected.
- Has a business model that earns the FSP annualized returns on amounts it bridges out.
Entity can operate completely remotely.
Detailed information regarding Financial Service Provider in South Africa for sale available on request.
Email: office@eternitylaw.com
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The information presented in this section is provided for general informational and B2B purposes only. Licensed or regulated companies listed here may be offered for sale by their respective owners or other third parties.
The Company does not sell, issue or provide licences, authorisations, registrations or the underlying regulated services. Any existing licence, registration, authorisation or regulatory status remains subject to applicable law and, where required, regulatory approval, notification, change-of-control, re-registration or other procedures imposed by the competent authority.
The Company acts solely as an independent provider of legal, consultancy and transaction support services and may assist with due diligence, transaction structuring, documentation, ownership transfer, re-registration and related legal or regulatory support.
No listing constitutes financial, investment or brokerage advice, or a guarantee that any licence or regulatory status may be transferred, maintained or used by a prospective purchaser.