FinTech Company Investment Opportunity in Batam, Indonesia
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | FinTech |
| Locations | Batam |
| Local Time | 11:14 AM Asia / Pontianak |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
- We have developed a financial ecosystem that works as a payment system.
- The system allows easy transfer of funds, receiving funds, payments through scans and bill splitting among companions.
- We are currently in the beta stage and are operating within Batam.
- Have 1,878 users who use our platform and 158 vendors who accept payments through our platform in Batam.
- We have not started generating revenue which we plan to do on launch through ads or fees.
- Application for E-money license with central bank is 70% complete.
- As an applicant we are allowed to have E-money upto a limit set by the Central Bank.
- In the future we also plan to allow micro lending on the platform.
Open-loop QR code based payment, PPOB bill payment, and micro-lending.
A rented building on the 3rd floor. Contract is for two years and the size is 15x5 M.
-
Earlier than 15 daysSenior Manager, Kuala Lumpur, Law Firm connected with the Business
