FinTech Company Investment Opportunity in Bangalore, India
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 300 |
Run Rate Sales | USD 430 thousand |
EBITDA Margin | 30 % |
Industries | FinTech |
Locations | Bangalore |
Local Time | 8:37 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Our company is an infrastructure bank which provides banking services such as prepaid card, soft POS and savings account to Indian corporates, some of which are Shell, Health Quarters, YPay, Equitas, and Yes Bank.
- We are a premium plugin between salary account and employees, our customers are corporates and salaried individuals.
- We've partnered with the best corporate incentive systems to help businesses monetize every dollar the workers spend. Our software streamlines cost payments and boost corporate efficiency.
- The branded cards provide real-time spend visibility, card controls, direct transactions, smartphone check loads, savings portfolios, credit facilities, and reloadable cards.
- We facilitate savings, prepaid accounts, and monetize just how bank channels through deposits as well as generate revenue through program integration fee, card issuance fee card annual subscription fee, transaction, and float & interest income.
- Have tied up with Yes Bank, ICICI Bank, and Equitas Small Finance Bank through which they've been facilitating banking services since December 2019.
- We have seen high growth in revenue as, by the end of April 2021, we have crossed 100 crores transactions with 4 months of our service launch.
- The promoters have 5+ years of experience in the banking industry and have worked with the core management team with companies such as Happay, MSS Payments, Technolution, TedX.
Prepaid card, soft POS, and savings account.
Owned office space and 30 laptops owned by the business.
Owned building space covering an area of 1,700 sq. ft. in Jayanagar, Bangalore.
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Earlier than 15 daysMD, Diversified, Mumbai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysVP - Company Relations, Investments, Bangalore, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Bangalore, Business Broker connected with the Business