Application Software Business Investment Opportunity in Lagos, Nigeria
Top Nigerian firm specializing in developing accounting and banking software with 80+ clients.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 23.7 thousand |
| Run Rate Sales | USD 24 thousand |
| EBITDA Margin | 40 % |
| Industries | Application Software |
| Locations | Lagos |
| Local Time | 1:35 AM Africa / Lagos |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
187 thousand
for
70.0%
stake
(Native Currency: NGN 300,000,000)
Reason: Funds are required to support the company’s expansion efforts, enhance existing financial solutions,...
View More
Includes physical assets worth
USD
1.56 thousand
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Business Name
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Business Overview
- Established 14 years ago, this Lagos-based firm specializes in innovative accounting and banking software solutions, boasting a strong market presence within Nigeria.
- Servicing over 85 clients nationwide, demonstrating a robust demand and credibility in the application software industry.
- Product portfolio includes microfinance banking software, mortgage banking software, and school management software, catering to diverse sector needs.
- Owns all source codes for developed solutions, providing flexibility and control for future modifications and enhancements.
- Recently developed a mobile banking app and two groundbreaking payment solutions, aiming to transform the financial services landscape.
- Annual fees structure from clients ensures consistent revenue generation, fostering financial stability and predictability.
- Small yet efficient team of 5 dedicated employees driving innovation and client satisfaction in the highly competitive tech landscape. Promoter is one of the main developers so the business doesn't require high manpower.
- Business has a registration certificate from the Nigerian government.
- Servicing over 85 clients nationwide, demonstrating a robust demand and credibility in the application software industry.
- Product portfolio includes microfinance banking software, mortgage banking software, and school management software, catering to diverse sector needs.
- Owns all source codes for developed solutions, providing flexibility and control for future modifications and enhancements.
- Recently developed a mobile banking app and two groundbreaking payment solutions, aiming to transform the financial services landscape.
- Annual fees structure from clients ensures consistent revenue generation, fostering financial stability and predictability.
- Small yet efficient team of 5 dedicated employees driving innovation and client satisfaction in the highly competitive tech landscape. Promoter is one of the main developers so the business doesn't require high manpower.
- Business has a registration certificate from the Nigerian government.
Products & Services Overview
- Microfinance banking software.- Mortgage banking software.
- School management software.
- LMS solution.
- Biometric pensions management software.
- Biometric payroll and HRMS management software.
- Estate management solution.
Assets Overview
Laptops and a functioning website. We are an asset light company.
Facilities Overview
We have a well equipped rented standard office.
Capitalization Overview
- The business is a sole proprietorship.- The funds have been raised from product sales and services.
Recent Activity
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Earlier than 15 daysDirector, Holding - Technology, Jakarta, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, IT And Food, Dubai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysFounder, IT, Hyderabad, Individual Investor / Buyer connected with the Business
Tags:
Application Software Business Investment Opportunity in Lagos, Nigeria
·Invest in Application Software Business in Lagos, Nigeria
·Application Software Business Investment Opportunity
·Investment Opportunity in Lagos, Nigeria
·Invest in Application Software Business
·Invest in Lagos, Nigeria
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