FinTech Business for Sale in Jaipur, India
App with innovative agent-based distribution, partnerships with 30 financial institutions making INR 7-20k per conversion.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Partnership (LLP) |
| Reported Sales | USD 2.66 thousand |
| Run Rate Sales | USD 34.6 thousand |
| EBITDA Margin | 25 % |
| Industries | FinTech + 1 more |
| Locations | Jaipur |
| Local Time | 5:42 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Full Sale
Asking Price:
USD
58 thousand
(Native Currency: INR 5,000,000)
Reason: The owner has some other commitments and is not able to focus on the business at present.
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
ROC-Verification.pdf
(65.3 KB)
Business Overview
- The company currently has 4 employees and operates an innovative agent-based distribution platform facilitating the marketing and sale of various financial products.
- The platform connects sales agents with financial institutions and focuses on products such as credit cards, loans, and other financial products.
- The business model involves earning revenue from each successful sale made by an agent, with the company retaining 20-30% of the commission received from financial institutions and disbursing the remainder to the agent.
- The platform provides training and informational materials to agents to support them in their sales efforts and currently has 60 incentive-based agents using the app.
- The company has established partnerships with 30 financial institutions and holds all the necessary licenses to operate in the sector.
- Additionally, the business has a partnership with a stockbroker and is poised to expand its offerings to include client sales through this sale.
- The company is also preparing for its launch on the Google Play Store within the next two weeks. Currently, users need to download and install an APK version of the app to use it.
- The app has generated sales between INR 2 - INR 3 Lakh in just the one month that it commenced and operated last year.
- Sales are to become the focus of the business and are set to help growth by about 5x.
- The platform connects sales agents with financial institutions and focuses on products such as credit cards, loans, and other financial products.
- The business model involves earning revenue from each successful sale made by an agent, with the company retaining 20-30% of the commission received from financial institutions and disbursing the remainder to the agent.
- The platform provides training and informational materials to agents to support them in their sales efforts and currently has 60 incentive-based agents using the app.
- The company has established partnerships with 30 financial institutions and holds all the necessary licenses to operate in the sector.
- Additionally, the business has a partnership with a stockbroker and is poised to expand its offerings to include client sales through this sale.
- The company is also preparing for its launch on the Google Play Store within the next two weeks. Currently, users need to download and install an APK version of the app to use it.
- The app has generated sales between INR 2 - INR 3 Lakh in just the one month that it commenced and operated last year.
- Sales are to become the focus of the business and are set to help growth by about 5x.
Products & Services Overview
We help connect sales agents and financial institutions.The top financial products that the business is linked with include.
- Credit cards.
- Loans & other products.
Assets Overview
No tangible assets.Intangible assets include -: App, active agents and partnerships with financial institutions.
Facilities Overview
No such facility exists for the business at the moment.
Capitalization Overview
One partner who holds 100% of the company, no debts or loans are pending for the company at the moment.
Recent Activity
-
5 days, 8 hours agoMD, IT Solutions, Gurgaon, Corporate Investor / Buyer connected with the Business
-
2 weeks agoGlobal Business Advisor, Bangalore, Financial Consultant connected with the Business
-
Earlier than 15 daysCEO, Advertising Agency, Gurgaon, Individual Investor / Buyer connected with the Business
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