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FinTech Company Equity Stake For Sale in Panchkula, India

Fintech company providing international remittances, forex services, education loans, travel insurance for students and institutions.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 1.32 million
Run Rate Sales USD 1.45 million
EBITDA Margin 5 %
Industries FinTech
Locations  Panchkula
Local Time 6:46 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 5.5 million for 49.0% stake (Native Currency: INR 500,000,000)
Reason: The investment will be used to scale distribution, strengthen partnerships with universities and edu... View More
Includes physical assets worth USD 55 thousand
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Business Overview
- The business operates as a fintech platform focused on international education-related financial services. It offers a diversified revenue model through remittance margins, forex spreads, and partner commissions.
- The promoters have experience in financial services and trade finance, with active partnerships across education consultants, service providers, and institutional clients. The company is positioned for scalability through digital onboarding and service integration.
- A well-established fintech firm with an RBI license based in Haryana, operating in the financial inclusion and payment gateway sector.
- The company provides a range of products and services, including payment gateway white label software solutions for the B2B segment, virtual account management, prepaid card management, and cross-border payment transfer services.
- The company operates on a SaaS model and has partnerships with several major banks including ICICI Bank, SBI Bank, Yes Bank, Kotak Mahindra Bank, Union Bank of India, Indian Overseas Bank, and IDFC First Bank. It has also established a business correspondent relationship with these banks.
- With over 25,000 merchants, the company has a strong market presence and generates revenue through various streams such as payment gateway services, MSB licenses, and white label solutions.
- The company has over 200 customers and holds an RBI license, positioning it as a credible and regulated player in the fintech industry.
- The company's white label solutions are priced at USD 10,000, providing a potential revenue stream.
- The company has doubled its revenue in a year with the introduction of new revenue streams and products.
Products & Services Overview
The company’s core services include international outward remittance (send money abroad), currency exchange, forex cards, education loan facilitation, and travel insurance. These services are primarily used by students, parents, universities, and education consultants to manage tuition payments, living expenses abroad, foreign currency needs, education financing, and mandatory travel insurance through a structured and compliant process.
Assets Overview
Tangible assets includes furnitures and fixtures, harware etc.
Our intangible assets include IPR, copyright, codebase, goodwill, with ownership of brand and logos, Singapore company with a bank account, and Amsterdam company with bank account.
Registered under RBI and has FFMC license.
Facilities Overview
2,000 sq ft owned office with 24 seat workstations located Haryana.
Capitalization Overview
Self-funded since inception, with seed funding of INR 3.75 crore from two investors and outstanding business loans of approximately INR 1.85 crore from various financial institutions. There are 4 shareholders.
Recent Activity
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2 Investors contacted this Business this month. Register below to connect now!
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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