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FinTech Company for Sale in London, UK

Payment system that allows businesses to initiate payments directly from the customer’s bank account.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries FinTech
Locations  London
Local Time 5:36 AM Europe / London
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: INR 2.3 crore (Native Currency: GBP 200,000)
Reason: The owners, who have a tech background, believe have reached the technical limits. Now, are seeking ... View More
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Business Overview
User Growth: We are thrilled to announce that we've surpassed the milestone of 2,000 registered users, indicating strong market interest and potential for further growth.
Merchant onboarding: We are now actively engaged with a select group of merchants, using their feedback to refine and enhance our value proposition. We are targeting the health and beauty industry.
Web app launch: We've launched a web app version. This allows users to leverage our services without the need to download a mobile app.
Pay button: We've also launched the payment button, a convenient tool that merchants can integrate into their online shops. This feature facilitates seamless transactions during the checkout process.
Loyalty program integration: To enhance user engagement and retention, we've incorporated a loyalty functionality into our platform.
We are yet to start generating revenue from our users. We aim to charge a commission based on the transaction.
Products & Services Overview
We have developed an innovative payment system for businesses, that includes the following:
- Mobile app to make and receive payments.
- A Web app.
- Eshop Checkout plugin.
- Dashboard for merchants to view their transactions and request payments.
Assets Overview
Intangible assets: Brand, innovative tech, registered users, social media and other channels.
Facilities Overview
We do not have a physical office at the moment. Our business at this point doesn't need an office and everything can be handled remotely. It is also a way for us to cut down on operation costs.
Capitalization Overview
Self-funded until today.
No debts or loans outstanding.
Share structure:
- 75% key founder.
- 25% split among co-founders (3).
Recent Activity
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33 Buyers already contacted this Business. 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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