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FinTech Company Investment Opportunity in Colombo, Sri Lanka

BNPL fintech company in Sri Lanka requires funds for launching activities.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries FinTech
Locations  Colombo
Local Time 11:47 PM Asia / Colombo
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 69 thousand for 10.0% stake (Native Currency: LKR 20,000,000)
Reason: - Need the investment for launch as we are currently set with a certain merchant list that will requ... View More
Includes physical assets worth USD 52 thousand
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Business Plan
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Business Overview
In summary:
● Launch ready with product fully developed.
● 15 full-time staff consisting of marketing, tech, HR, and finance.
● Merchants already onboarded 25+ with a line-up to come after launch.
● Developed product to launch online for each different platform (Shopify, Magento, Woocommerce, or custom)
● Ready to go in-store with QR with our mobile application which is enabled both for IOS.
And Android.
Products & Services Overview
- Buy Now Pay Later Service.
- Payback in 3 or 4 installments.
Assets Overview
Tangible assets include land of 400 sq. ft. , laptops, printers, stationery, sim cards, and WiFi router.
Intangible assets include software development packages.
Facilities Overview
Own office is located in the east of the city on a 400 sq. ft. area on a single floor able to occupy 30-40 staff currently.
Capitalization Overview
- Funded as a pre-seed via a single investor.
- Already funded with LKR 20,000,000 (USD 100,000)
- We have currently 3 directors/shareholders with full combined full ownership of the company.
Recent Activity
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12 Investors already contacted this Business. Register below to connect now!
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.
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