MSB License
(Money Services Business)
Compliance Assurance to Empower Financial Innovation
Brand Ownership and Legal Notice
All ownership rights, operational rights, and related intellectual property of the TeemoPay brand — including but not limited to trademarks, copyrights, technological assets, and derivative works — are exclusively held by SSHY LTD.
SSHY LTD is a duly registered financial services entity in Canada (MSB Registration No. M23802826) and possesses full legal authority to operate, manage, and authorize the use of the TeemoPay brand.
No organization or individual may use, display, reproduce, distribute, modify, or otherwise exploit the TeemoPay name, logo, system interface, business information, or any legally protected materials without the express prior written authorization of SSHY LTD. Any unauthorized use shall be deemed an infringement of SSHY LTD’s lawful rights. SSHY LTD reserves the right to pursue all available remedies, including but not limited to cease-and-desist actions, claims for damages, and other legal measures.
SSHY LTD retains sole responsibility for the governance, compliance oversight, and operational management of all services and products offered under the TeemoPay brand. Any business activities conducted under the TeemoPay name must strictly adhere to SSHY LTD’s authorization requirements, compliance standards, and all applicable laws and regulations.
What is an MSB License?
Compliance Assurance Leading Financial Intelligence
An MSB (Money Services Business) refers to companies or entities engaged in money transmission, currency exchange, remittance, payment services, and related financial activities within a specific country or region.
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Why an MSB License Matters?
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Legal Compliance
Holding an MSB license ensures the business operates legally and complies with local financial regulations.
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AML and Fraud Prevention
MSBs are required to enforce strict Anti-Money Laundering (AML) and Know Your Customer (KYC) policies to mitigate financial crimes.
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Builds Trust
Licensed MSBs gain higher trust from customers and partners, enhancing brand reputation.
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Business Expansion
MSB licenses enable legal cross-border remittance, payment services, and other financial operations, supporting business growth.
Our MSB License
Our company is a licensed Canadian MSB, authorized to operate in foreign exchange, money transfers, and virtual currency dealings. This license underscores our commitment to regulatory compliance and secure financial services.
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Regulated:
FINTRAC Registration Number:  #M23802826
SSHY LTD. is a federally registered Money Services Business (MSB) with FINTRAC in Canada, authorized to provide foreign exchange dealing, money transferring, and virtual currency services in compliance with Canadian regulations.
logohttps://fintrac-canafe.canada.ca/msb-esm/reg-eng
Copyright © 2025 SSHY LTD.