FinTech Company Investment Opportunity in Bahrain
The Amazon of halal investments and financial services.
This transaction has concluded.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | FinTech |
| Locations | Copenhagen + 1 more |
| Local Time | 10:10 AM Asia / Kuala Lumpur |
| Listed By | Advisor / Business Broker |
| Status | Active |
Partial Stake Sale
USD
600 thousand
for
6.0%
stake
(Native Currency: USD 600,000)
Reason: The funds of the business will be used for License acquisition and CAPEX. The advisor does not charg...
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Interested to connect with advisors
Documents
Pitch deck
(5.6 MB)
Our products
(162.2 KB)
Milestone
(257.6 KB)
Regulatory Sandbox Graduation
(162.4 KB)
Company Registration
(161.2 KB)
Business Overview
- We have graduated from Bahrain's Central Bank regulatory sandbox.
- Successfully completed MENA accelerator.
- The business has already gained 11 awards.
- Key Partnerships with Refinitiv, FTSE Russell, Blackrock, Central Bank of Bahrain, EY, HSBC, XE.
- The company has 1,000 customers on the waiting list.
- 70% of the customers intend to use the financial app for long-term savings.
- Testing has been done on 200-300 users.
- 70% of the workforce is in Denmark and the rest 30% from Bahrain.
- The company is a digital wealth management platform providing a wide range of financial products to an ever-growing USD 3 Trillion Islamic capital market.
- The barriers to market entry are very low, Wahed Invest is the current market leader with 200,000 customers.
- Indicating there is plenty of room for competition. The founder has been in the investment industry for more than 18 years managing financial assets of more than USD 1 Billion.
- Best Islamic investment app - Europe for the current year.
- Best Islamic investment app - Bahrain for the current year.
- Successfully completed MENA accelerator.
- The business has already gained 11 awards.
- Key Partnerships with Refinitiv, FTSE Russell, Blackrock, Central Bank of Bahrain, EY, HSBC, XE.
- The company has 1,000 customers on the waiting list.
- 70% of the customers intend to use the financial app for long-term savings.
- Testing has been done on 200-300 users.
- 70% of the workforce is in Denmark and the rest 30% from Bahrain.
- The company is a digital wealth management platform providing a wide range of financial products to an ever-growing USD 3 Trillion Islamic capital market.
- The barriers to market entry are very low, Wahed Invest is the current market leader with 200,000 customers.
- Indicating there is plenty of room for competition. The founder has been in the investment industry for more than 18 years managing financial assets of more than USD 1 Billion.
- Best Islamic investment app - Europe for the current year.
- Best Islamic investment app - Bahrain for the current year.
Products & Services Overview
- Portfolio management.- ETFs and mutual funds.
- FX exchange.
- Pensions, zakat, and micro-investing.
- Goal-based investing, financial advice.
Assets Overview
Intangible asset: 100% in-house built financial app.
Facilities Overview
The business has an office in Denmark and Bahrain from where the team operates.
Capitalization Overview
The business has been funded by an angel investor.The total number of shareholders in the business is 5.
The percentage of ownership will be disclosed after a successful introduction.
No debts or loans in the business.
Recent Activity
-
Earlier than 15 daysDirector, Food Manufacturer, Jerusalem, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManager, Professional Services, Kuwait City, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysChief Product Officer, Entertainment Provider, Douglas, Corporate Investor / Buyer connected with the Business
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