FinTech Company Investment Opportunity in Brisbane, Australia
Global cash remittance for deposit, transfer & withdraw cash platform seeking investment.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 780 thousand |
| EBITDA Margin | 40 % |
| Industries | FinTech |
| Locations | Brisbane |
| Local Time | 4:58 AM Australia / Brisbane |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
650 thousand
for
10.0%
stake
(Native Currency: AUD 1,000,000)
Reason: We are seeking additional funding to hire more developers to add more features to the app.
Includes physical assets worth
USD
52 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Pitch Deck
(3.0 MB)
Logo
(62.5 KB)
Mobile App
(47.3 KB)
Mobile App
(216.5 KB)
Mobile App
(170.4 KB)
Mobile App
(69.7 KB)
Mobile App
(42.9 KB)
Mobile App
(58.1 KB)
Website
(122.2 KB)
Company Registration Certificate
(33.1 KB)
Business Overview
- We have recently partnered with a distributed commodities trading platform; in order for us to provide settlements to their clients without bank accounts.
- Currently catering to one client.
- Since we launched the product this year, the revenue generation started recently.
- We are always adding new features & revenue streams.
- Our revenue model is based on deposits in our network. The client will deposit the cash in our network and we generate revenue by charging interest.
- Around 10,000 transactions happen on a daily basis.
- The business has a financial regulatory license.
- Currently catering to one client.
- Since we launched the product this year, the revenue generation started recently.
- We are always adding new features & revenue streams.
- Our revenue model is based on deposits in our network. The client will deposit the cash in our network and we generate revenue by charging interest.
- Around 10,000 transactions happen on a daily basis.
- The business has a financial regulatory license.
Products & Services Overview
Versatile financial platform available on both iOS and Android, as well as accessible through its website. Functioning as both a mobile application and an internet-based service, the product facilitates seamless transactions globally. Notably, it extends its reach beyond digital channels, offering a phone network and SMS platform for users to deposit, transfer, and withdraw funds from anywhere in the world. What sets the product apart is its unique user-driven model, empowering individuals to act as virtual bank tellers for others, and fostering financial inclusivity by enabling convenient and secure financial interactions on a global scale.
Assets Overview
Tangible- include only office equipment, tables, desks and laptops.Intangible- Android mobile application.
IOS mobile application.
Web platform.
Proprietary technology.
Registered trademarks.
Relevant domain names.
Logo & branding.
Facilities Overview
The company has a main office in Brisbane, with employees & contractors working remotely around the world. It is a rented office.
Capitalization Overview
- Self-funded through investments from our founder.- No debt.
- 1 Shareholder.
Recent Activity
-
Earlier than 15 daysCEO, Fintech, Singapore, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysManager, Investment & Online Gaming, Brisbane, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, IT, Retail, Online, Auckland, Individual Investor / Buyer connected with the Business
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