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Enterprise Software Business for Sale in Dubai, United Arab Emirates

Dubai based system software company that designs ERP for fintech.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 140 thousand
Run Rate Sales USD 160 thousand
EBITDA Margin Nil
Industries Enterprise Software
Locations  Dubai
Local Time 4:53 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 400 thousand (Native Currency: INR 30,000,000)
Reason: Seeking full sale of the business due to lack of capital. We are also open to partial sale to raise ... View More
Includes physical assets worth USD 70 thousand
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Business Overview

- Business is a leading remittance solution provider for fintech industry with fully agile solutions.

- We have developed comprehensive system software for financial companies.

- The business was commenced two years back but we spent over one year on research and development of the ERP. The ERP is integrated with 10 modules and is adaptable to customized needs.

- We are currently catering to two big clients in Dubai of high ticket size.

- There are a few more companies in the pipeline, one of them being the 4th biggest fintech company in GCC. But due to lack of funds, we are unable to cater to their needs currently.

- The EBITDA is zero because the company has reached breakeven very recently.

- Looking for full sale of the business or investment. The business is based in Dubai but one of the three partners handling the sale is currently in India.

- We have an exceptional workforce with over 2 decades of core experience in IT, business management, trade finance, treasury and financial industry.

Products & Services Overview

ERP and software system for fintech with 10 integrated modules: Remittance, forex, compliance, treasury, accounts, payments, WPS, antifraud, online and mobile.

Assets Overview

- The buyer will get the office infrastructure, computer, laptops and current client accounts.

- They will also get the complete source code and employees.

Facilities Overview

We have a rented office in Al Garhoud, Dubai.

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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.
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