FinTech Business for Sale in Mumbai, India
For sale: Platform that aggregated foreign exchange dealers and helped users request foreign currency.
| Established | 5-10 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | FinTech |
| Locations | Mumbai |
| Local Time | 4:23 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
INR
7 lakh
(Native Currency: INR 700,000)
Reason: Unable to expand the business.
Business Overview
- We are a foreign exchange platform that lists money exchange dealers and users.
- The user can book an order for any currency and once its placed, the dealers will receive the confirmation and deliver the foreign currency at user's doorstep.
- We started with only 3 dealers and 270 registered users on the platform. The platform lists 30 foreign currencies.
- We ensure complete verification of dealers and users with full address and KYC.
- We generate revenue through commission per transaction and a small service fee.
- The buyer on sale of this company will receive complete program code, 500+ CXO level customer database, registered mobile number from where we receive most orders.
- Founder of this company has been in the Forex industry since the last 20 years.
- The business has been affected due to the pandemic and have not made revenue in the last 1.5 years.
- The user can book an order for any currency and once its placed, the dealers will receive the confirmation and deliver the foreign currency at user's doorstep.
- We started with only 3 dealers and 270 registered users on the platform. The platform lists 30 foreign currencies.
- We ensure complete verification of dealers and users with full address and KYC.
- We generate revenue through commission per transaction and a small service fee.
- The buyer on sale of this company will receive complete program code, 500+ CXO level customer database, registered mobile number from where we receive most orders.
- Founder of this company has been in the Forex industry since the last 20 years.
- The business has been affected due to the pandemic and have not made revenue in the last 1.5 years.
Products & Services Overview
Foreign exchange platform that lists money exchange dealers and users.
Facilities Overview
Our office space is based out of Mumbai.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysExecutive Director, Hospital, Chennai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Finance, Mumbai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, EdTech, Bogotá, Individual Investor / Buyer connected with the Business
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