FinTech Company Investment Opportunity in Bangalore, India
An ISO certified financial and banking technology development group seeking investment for expansion.
This transaction has concluded.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 300 - 400 thousand |
| Run Rate Sales | USD 420 thousand |
| EBITDA Margin | 4 % |
| Industries | FinTech |
| Locations | Bengaluru |
| Local Time | 9:09 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
580 thousand
for
40.0%
stake
(Native Currency: INR 50,000,000)
Reason: 1) PPI License from RBI.
2) Technology Upgradation.
3) PCI-DSS certification to enter into full-fl...
View More
Includes physical assets worth
USD
14 thousand
Documents
Domain-Verification.pdf
(213.0 KB)
ROC-Verification.pdf
(60.6 KB)
Business Overview
- 5-year old Bangalore based ISO 20000-1:2011 | 27001:2013 certified company.
- We offer digital payment technology services such as digital wallets, card management infrastructure, money transfer, mobile payment, blockchain, UPI for corporate clients.
- Our clients are banks, financial institutions, merchants, remittance companies, big corporates and consumer-based industries looking for payment solutions.
- Serving more than 30 corporate clients and transactions worth USD 20 million.
- We charge a one-time fee to develop payment technology for clients and charge yearly maintenance fees to generate revenue.
- Won the Government tender to develop a digital wallet for Vijaya Bank.
- Our company is one of the few startups in India to develop core banking middleware technology for one of the biggest remittance players.
- Our software products are processing INR 25 crore worth of transactions every month.
- Partnered with local government in Udaipur to be part of smart city technology development.
- The business owns the website, software technology, furniture, computers, hardware, servers.
- The Business is now raising funds from INR 2cr-10cr for subsidiary financial and banking entities.
- We offer digital payment technology services such as digital wallets, card management infrastructure, money transfer, mobile payment, blockchain, UPI for corporate clients.
- Our clients are banks, financial institutions, merchants, remittance companies, big corporates and consumer-based industries looking for payment solutions.
- Serving more than 30 corporate clients and transactions worth USD 20 million.
- We charge a one-time fee to develop payment technology for clients and charge yearly maintenance fees to generate revenue.
- Won the Government tender to develop a digital wallet for Vijaya Bank.
- Our company is one of the few startups in India to develop core banking middleware technology for one of the biggest remittance players.
- Our software products are processing INR 25 crore worth of transactions every month.
- Partnered with local government in Udaipur to be part of smart city technology development.
- The business owns the website, software technology, furniture, computers, hardware, servers.
- The Business is now raising funds from INR 2cr-10cr for subsidiary financial and banking entities.
Products & Services Overview
Financial technology enterprise serving in Digital Payments such as Digital Wallet, Mobile Payment, Commercial Solutions, Blockchain, UPI.
Facilities Overview
Rented office space in Bangalore with enough space to accommodate 70-100 employees.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysCEO, Rubber Products, New Delhi, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Business Consultancy, Bengaluru, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysChief Executive Officer, E-commerce & Retail, Chennai, Corporate Investor / Buyer connected with the Business
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