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FinTech Company Seeking Loan in Athens, Greece

Business has developed an automated and semi-automated trading software for FX portfolio owners.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 110 thousand
EBITDA Margin 34 %
Industries FinTech
Locations  Athens
Local Time 1:12 AM Europe / London
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 190 thousand for 10.0% annual interest, 5 years (Native Currency: EUR 175,000)
Reason: Expansionary activities such as adding more servers, hiring more staff.
Collateral Available: USD 90 thousand
Includes physical assets worth USD 13 thousand
Documents
Business Overview

- Business is registered in the UK and operates in Greece.

- We have developed MQL5 script-based automated and semi-automated trading software for FX portfolio owners.

- Software is developed in-house.

- Have 35 clients and our clients are FX portfolio owners in Greece.

- We offer expert advice on the MT4 platform which is going to be consumed by our clients who are retail traders in FX Markets. The software commits technical trading in fully automated mode.

- We guide the clients on how to monitor algorithm performance through their own FX account through our multi-account module and we help our clients generate profit.

- We have gained popularity due to word of mouth marketing.

- Mean growth rate per year is 9 clients per portfolio.

- Our software has been back-tested for more than 3 years.

- We generate revenue by charging a commission on the client's success rate. We charge 20-30% commission on the net profit.

- Owner is from the UK but runs the business in Greece. Have plans to open another branch office in the UK soon.

- Company has all the required documents and licenses to operate the business.

- Promoter has more than 10 years of experience in this field.

- Physical assets include servers, computers and furniture.

Products & Services Overview

We have developed MQL5 script-based automated and semi-automated trading software for FX portfolio owners.

Assets Overview

Servers and a building located in Greece.

Facilities Overview

Rented space with a 100 square meters server room located in Greece.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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