Crypto Company Investment Opportunity in Singapore
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | Private Limited Company |
Reported Sales | USD 1.5 million |
Run Rate Sales | USD 2 million |
EBITDA Margin | 40 % |
Industries | Crypto |
Locations | Singapore |
Local Time | 10:34 PM Asia / Singapore |
Listed By | Business Owner / Director |
Status | Active |
- Looking to work with a strategic investor in the real estate and retail sectors to increase exposure and use cases in the market.
- Currently operating across Singapore, Australia (Melbourne), and New Zealand (Auckland).
- Licensed in Australia, New Zealand, ongoing licenses in Singapore and Dubai, and partnership license in Philippines and Thailand.
- The headquarters is in Singapore and the promoter is based in New Zealand. We also have a subsidiary in New Zealand. We are looking for investors from these regions.
Current highlights:
- Partnerships with Singapore exchange-listed property firms to facilitate real estate transactions with cryptocurrencies.
- 150 merchants across multiple industries.
- Growing at a good rate with $11.2 million GMV transacted to date in just less than 12 months.
- This is an in-house developed technology.
- Revenue is generated via transaction fees (GMV) from the merchants.
- Since we are a technology-based company, we are able to handle the operations with fewer employees.
Existing: omnichannel QR code crypto payment facilitator, virtual POS, and payment dashboard.
Partnerships: crypto staking (yield earned on payments received)
Cross border payment network: Crypto usage to allow for simplified and more efficient payments cross-border payments across multiple industries.
Mainly software IP, branding identity and entities across 3 countries.
Currently operating across Singapore, Australia (Melbourne), and New Zealand (Auckland). Operating from co-working spaces.
- Small ESOP of 8% was issued for founding team members, vested at the start of this year.
- We've raised SGD 450k pre-seed and self-funded SGD 250k.
- There are no debts or liabilities in our balance sheet currently.
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Earlier than 15 daysManaging Director & CEO, Web & Mobile Application Development, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysVice President, Business Consulting, Bangkok, Individual Investor / Buyer connected with the Business