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FinTech Company Investment Opportunity in Una, India

Development of a one stop platform for all major fintech services.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries FinTech
Locations  Una
Local Time 6:27 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 127 thousand for 18.0% stake (Native Currency: INR 10,880,325)
Reason: Around 60% of funds would be used to develop the technology and rest would be used for development o... View More
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- We are a company that is in the process of development of a one stop fintech platform.
- The platform will help users with financial training and goal planning. It will also offer services such as an online wallet, money transfer, credit score checking.
- We would give users cards which can be prepaid to add to the account balance.
- Our revenue model would be a fixed monthly charge on the cards after the second year.
- Have acquired the required licenses but the platform is still under development.
- We are being incubated at IIT and plan to launch our beta version in 3 months.
Products & Services Overview
Opening of an online wallet, prepaid cards, credit checking, money transfer services.
Assets Overview
Main physical assets are the IP, website and platform under development.
Facilities Overview
Incubation center is located at IIT Mandi.
Capitalization Overview
Not Disclosed
Recent Activity
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3 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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