FinTech Business for Sale in Jaipur, India
Agent-based financial product distribution platform, partnered with multiple banks and integrated APIs for sale.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Partnership (LLP) |
| Reported Sales | USD 7.6 thousand |
| Run Rate Sales | USD 39 thousand |
| EBITDA Margin | 37 % |
| Industries | FinTech + 1 more |
| Locations | Jaipur |
| Local Time | 9:52 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
109 thousand
(Native Currency: INR 10,000,000)
Reason: We are out of funds and for this business, and a team is required for multiple departments.
We are ...
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Includes physical assets worth
USD
11 thousand
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Documents
Logo
(74.6 KB)
Incorporation Certificate
(70.9 KB)
Business Overview
- Company with a platform that 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 required to operate in the sector.
- The company currently has 4 employees and operates an innovative agent-based distribution platform facilitating the marketing and sale of various financial products.
- Additionally, the business has a partnership with a stockbroker and is poised to expand its offerings to include client sales through this sale.
- The LLP that owns and operates the business has a Certificate of Incorporation and a GST certificate.
- 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 required to operate in the sector.
- The company currently has 4 employees and operates an innovative agent-based distribution platform facilitating the marketing and sale of various financial products.
- Additionally, the business has a partnership with a stockbroker and is poised to expand its offerings to include client sales through this sale.
- The LLP that owns and operates the business has a Certificate of Incorporation and a GST certificate.
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.
Using our app the sales agents are able to compare financial products like credit cards, demat accounts, loans offered by different financial institutions and start referring the products to retail customers.
The customers of this platform are the financial institutions who pay 20-30% commission of each sale. Partnered with multiple banks and integrated their product APIs.
Assets Overview
Tangible assets include furniture, air conditioners, and computers.Intangible assets include trademark, source code, our Android application, admin panel, hosting, and domain.
Facilities Overview
We operate from a director owned property in Jaipur. (This property is not part of the transaction and the buyer will have to relocate the company office).
Capitalization Overview
- It is a self funded organization.- No debts or loans in the name of the business.
- Two partners with a 70:30 shareholding.
Recent Activity
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Earlier than 15 daysDirector, FinTech, Pune, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Financial Services, Pune, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysStrategy & Solutions Architecture, Fintech, Mumbai, Individual Investor / Buyer connected with the Business
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