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FinTech Business Seeking Loan in London, United Kingdom

Business which assists money transfer companies and financial institutions by providing applications needs a loan.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Limited Liability Partnership (LLP)
Reported Sales Nil
Run Rate Sales USD 160 thousand
EBITDA Margin 20 - 30 %
Industries FinTech
Locations  London + 1 more
Local Time 10:56 AM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 270 thousand for 10.0% annual interest, 6 years (Native Currency: AED 1,000,000)
Reason: We are start up stage and as we are executive with clear understanding the business with skill exper... View More
Collateral Available: USD 70 thousand
Includes physical assets worth USD 40 thousand
Interested to connect with advisors
Business Overview

- Business has a platform for financial institutions and money transfer companies that connects network providers with senders / receivers.

- Currently, there are 13 exchange houses in the UAE which the business is helping.

- It helps these companies with all compliance and other services to facilitate money transfer.

- Require investment for an application that allows exchange houses and their end users do all activities except the actual transfer of money.

- Owner has 12 years of experience in this industry.

Products & Services Overview

Aggregate, Technology Software, Application, Platform, Commercial and Brand buildings.

Facilities Overview

We are at start up stage Currently we have incorporated a firm and hire people who are developing Application and systems.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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