Need help?

Biometric Products Startup Seeking Loan in Mexico City, Mexico

Tech company focused on generating new biometric-based products, disrupting the market, and simplifying businesses.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 10 - 50
Legal Entity Other
Reported Sales Nil
Run Rate Sales USD 390 thousand
EBITDA Margin 30 - 40 %
Industries Biometric Products
Locations  Mexico City
Local Time 4:58 PM America / Mexico City
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 470 thousand for 12.0% annual interest, 4 years (Native Currency: MXN 8,700,000)
Reason: Biometric market nowadays is requiring specific and more deep detailed products and not only isolate... View More
Collateral Available: USD 81 thousand
Includes physical assets worth USD 16.3 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Brochure
Example Project
Website
Office Building
Office Building 2
Office Building 3
Office Building 4
Business Overview
1. Partnership with a biometric company to whom we create products.
2. Existing roadmap or portfolio defined for disrupting products.
3. No vulnerable biometric components used, all under NIST and I-beta best ranges.
4. Need certifications for developments and developers.
5. Marketing team needs to be created internally.
6. Roadmap higher than current capability.
7. Channels and networking have already been negotiated and are available.
8. Cloud and SAS multiplatform required for client delivery in a massive shape.
9. Generates invoices and pays to partner.
10. Marketplace to go live by next month for scrapping, expecting to duplicate the current average of monthly sales.
Products & Services Overview
Top-selling products:
1. Facial recognition.
2. Finger recognition.
3. Scraping (APIs).
All mixed within workflows (onboarding, credit acceptance, assistance, etc), for banks, fintech, and any companies with clients to be authenticated via any mobile device worldwide.
Assets Overview
Laptops, multiple mobile devices, 3 servers, our operation is remote, and we just use office equipment.
Facilities Overview
All employees under home office way, and we hold bi-weekly sessions if needed, in one office in a corporate building with facilities.
Capitalization Overview
No debts / no loans currently, company monthly invoices allow us to cover expenses and salaries, 7 owners with same % of ownership, open to receive new shareholders or seeking for a convenient loan for both sides.
Recent Activity
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor contacted this Business this month. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more