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FinTech Company Investment Opportunity in London, United Kingdom

Company providing tool for predictive risk scoring that helps lenders better assess unbanked people.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 237 thousand
Run Rate Sales USD 316 thousand
EBITDA Margin Operating at loss
Industries FinTech
Locations  London
Local Time 1:49 PM America / Argentina / Ushuaia
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 990 thousand for 50.0% stake (Native Currency: GBP 750,000)
Reason: We want to expand to other markets (i. e. , Asia) and we have reached the limit of our own funding c... View More
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Pioneer company with an image based quiz able to provide on and offline and voice over functionality to include a larger number of people.
- Business is registered in London and the owner is in the US. Have employees in USA, UK, Germany and Argentina as we are operational in these countries.
- The company is a London-based FinTech firm with 8 employees, operating in the field of predictive risk scoring for unbanked individuals.
- Its primary product offering includes psychometric credit scoring models, both generic and bespoke, targeting large Financial Institutions looking to extend credit to underserved individuals.
- The company's software and tool for risk scoring are utilized by various financial institutions, with a focus on delivering generic models as well as bespoke models based on the client's own portfolio behavior.
- The company's clientele includes large banks in Latin America, with the World Bank sponsoring 4 projects in different African countries.
- The company's business model involves charging a fee for creating a pilot and customizing the scoring model, in addition to a fee for each completed questionnaire.
- With ISO 27000 certification, the company stands out as the only one equipped with an image-based quiz capable of providing on and offline, as well as voice-over functionality, thereby broadening its reach to a larger audience.
- The company has successfully secured 20 large clients and operates on a transaction-based commission model, leveraging its in-house developed software for its operations.
- Business is aiming to reach break-even stage by this year and focus on profitability.
Products & Services Overview
Psychometric credit scoring models, used mostly by large Financial Institutions to lend money to otherwise excluded individuals.
We deliver generic models as well as bespoke based on the FI´s own portfolio behaviour.
Have in house developed software and tool for risk scoring.
Used by different types of financial institutions.
Assets Overview
No tangible assets. The software is patented in the UK, Europe, and the USA.
The development of the platform and its code cost around GBP 10 Million.
Have GBP 4M in tax credit.
Management with extensive experience in financial institutions, credit bureaus, and as entrepreneurs in financial services.
Facilities Overview
Business is fully virtual. The platform is hosted on AWS. All the team members are based in different locations (USA, UK, Germany and Argentina) working remotely.
Capitalization Overview
Funded entirely by the three founders as a management buyout from a leading Credit Risk agency. Partners hold 43, 31 and 26 percentage respectively.
Company has no debt and has a very interesting tax credit in the UK.
Recent Activity
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1 Investor contacted this Business this month. 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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