FinTech Company Investment Opportunity in London, United Kingdom
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | FinTech |
Locations | London |
Local Time | 10:10 PM Asia / Almaty |
Listed By | Business Owner / Director |
Status | Active |
Company is a FCA licensed and tech-enabled payment institution who is authorized to open bank accounts and provide online payment services. Company aims to offer smooth FinTech services to clients. Since we are a startup, we currently do not have a direct tie-up with banks but we engage the process through ClearBank and PayrNet. Our revenue model is commission per client.
After raising funds and after we start generating a stable revenue, we plan on establishing a direct tie-up with banks and also with financial services companies like Visa and Mastercard. Our company was registered in 2017 but we haven't generated any revenue till date as we were engaged in the process of developing our technology and getting the FCA license. Have spent GBP 200K for FCA license and GBP 100K in our technology.
Company is registered in London. We have 2 directors and 8 permanent employees who works remotely to take care of the operations. We do not have a physical office there. Additionally, we have a small office in Moscow for complete IT support. Have 2 directors and 2 permanent IT employees in Moscow. After raising funds, we will set up only 1 physical office in London and all our employees from IT and operations along with directors will sit and operate from London office only. Business currently do not own any physical assets.
- Open corporate bank accounts, individual bank accounts, issuing of cards.
- Provide online payment and merchant acquiring services.
- London: The company is registered in London but we do not have a physical office there as all our 8 permanent staff works remotely. The 2 directors works out of their residence.
- Moscow: Have a small rented office in Moscow where we have 2 IT employees and 2 directors.
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Earlier than 15 daysDirector, IT Services, New Delhi, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Business Consultancy, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysFounder, Investments, Tbilisi, Corporate Investor / Buyer connected with the Business