Crypto Company for Sale in Sydney, Australia
For sale: Crypto company in Australia with iOS & Android apps.
This transaction has concluded.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 64 thousand |
| Run Rate Sales | USD 39 thousand |
| EBITDA Margin | 10 % |
| Industries | Application Software + 1 more |
| Locations | Sydney |
| Local Time | 2:19 PM Australia / Sydney |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
900 thousand
(Native Currency: AUD 1,400,000)
Reason: Due to the FTX's collapse, our core USP has had to be turned off, so we are currently pivoting into ...
View More
Includes physical assets worth
USD
2.6 thousand
Interested to connect with advisors
Documents
App Icon
(182.0 KB)
App Home Screen
(182.5 KB)
App Wallet Screen
(128.0 KB)
Domain-Verification.pdf
(212.7 KB)
Business Overview
- ASIC (CAR) and AUSTRAC (DCE) registered company based in Sydney, Australia.
- KYC, payments, banking, licensing, CRM and MarTech (marketing) are all integrated into the system and operational.
- Potential objective of buyers: Someone looking to enter Australia, an Australian company looking to release a scalable app or a business in Australia with outdated tech looking to buy our tech stack.
- Platform has 2,500 email verified users and 1,600 accounts.
- We charge a fee when customers transact and this is how we generate revenue.
- Website, software and app are completely in-house developed.
- Most of our users are end customers but we also have a few businesses as clients.
- Recent sales have decreased as a result of the overall unfavorable headlines in the crypto sector.
- KYC, payments, banking, licensing, CRM and MarTech (marketing) are all integrated into the system and operational.
- Potential objective of buyers: Someone looking to enter Australia, an Australian company looking to release a scalable app or a business in Australia with outdated tech looking to buy our tech stack.
- Platform has 2,500 email verified users and 1,600 accounts.
- We charge a fee when customers transact and this is how we generate revenue.
- Website, software and app are completely in-house developed.
- Most of our users are end customers but we also have a few businesses as clients.
- Recent sales have decreased as a result of the overall unfavorable headlines in the crypto sector.
Products & Services Overview
Front end (app)- Earn part of your salary in crypto.
- 1-step to crypto.
- Transfer between different cryptos.
- AUD deposits and withdrawals.
- Referral Mechanism 1: free crypto on deposits above thresholds,
- Referral Mechanism 2: earn a higher interest rate when friends deposit above a threshold.
Backend:
- Proprietary console (allocating payments, reviewing accounts and KYC information, creating referral codes, changing static information for the app like deposit thresholds for referrals)
- Tech stack: AWS, Serverless Framework, Mongo DB, Node. js, React Native.
Assets Overview
Intangible: iOS app, Android app, backend console, integrations with international KYC and payment providers.Tangible: 1 laptop.
Facilities Overview
Working from a co-working space, but most of the team is remote.
Capitalization Overview
Venture capital via SAFE has 20% stake.Founders have 80% in total, which is split between CEO and CTO.
No debt or liabilities.
Recent Activity
-
Earlier than 15 daysBusiness Advisor, Singapore, Financial Consultant connected with the Business
-
Earlier than 15 daysCEO, Dallas, Financial Consultant connected with the Business
-
Earlier than 15 daysManager, Investment & Online Gaming, Brisbane, Individual Investor / Buyer connected with the Business
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