↩ Go Back
Need help?

FinTech Company Investment Opportunity in Bangalore, India

An ISO certified financial and banking technology development group seeking investment for expansion.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 300 - 400 thousand
Run Rate Sales USD 430 thousand
EBITDA Margin 4 %
Industries FinTech
Locations  Bangalore
Local Time 7:54 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 600 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
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.

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
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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.

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How active are the business profiles listed on SMERGERS?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more