FinTech Startup Investment Opportunity in Chennai, India
Invest in a FinTech firm specializing in smart expense management, aiming to acquire FOREX license.
| Established | 0-1 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 16.3 thousand |
| Run Rate Sales | USD 84 thousand |
| EBITDA Margin | 40 % |
| Industries | FinTech |
| Locations | Chennai |
| Local Time | 9:28 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
350 thousand
for
30.0%
stake
(Native Currency: INR 30,000,000)
Reason: The funding will be used to acquire a FOREX trading license from the RBI, enabling us to offer FOREX...
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Business Overview
- The FinTech company, based in Chennai, provides cutting-edge smart expense management and payment solutions tailored for businesses.
- Offers a suite of financial services including IMPS and NEFT payment services, catering to diverse business needs.
- Operates with a lean team of 5 employees, showcasing efficiency and focused expertise in the financial technology sector.
- Currently serving 14 business clients through an online platform, with plans to enhance accessibility and user experience via a forthcoming app launch.
- Revenue is primarily generated from commission per transaction, indicating a sustainable and scalable business model contingent on client usage.
- Registered with the Ministry of Corporate Affairs (MCA), ensuring compliance and credibility in the financial services domain.
- Strategically geared with plans to expand its offerings and client base, reinforcing its commitment to growth in the dynamic FinTech industry.
- Offers a suite of financial services including IMPS and NEFT payment services, catering to diverse business needs.
- Operates with a lean team of 5 employees, showcasing efficiency and focused expertise in the financial technology sector.
- Currently serving 14 business clients through an online platform, with plans to enhance accessibility and user experience via a forthcoming app launch.
- Revenue is primarily generated from commission per transaction, indicating a sustainable and scalable business model contingent on client usage.
- Registered with the Ministry of Corporate Affairs (MCA), ensuring compliance and credibility in the financial services domain.
- Strategically geared with plans to expand its offerings and client base, reinforcing its commitment to growth in the dynamic FinTech industry.
Products & Services Overview
We offer smart expense management and payment solutions for all types of businesses, including IMPS and NEFT payment services.We currently offer these services to businesses through our website and shortly plan to launch an app.
Assets Overview
Intangible assets:- Our platform and app underdevelopment.
Facilities Overview
We are currently operating from a rented office.
Capitalization Overview
Has no loans or debt.2 shareholders.
Recent Activity
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Earlier than 15 daysHuman Resources Business Partner, Digital Marketing Organisation, Chandigarh, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysVice President, Investments, Pune, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Training Centres, Coimbatore, Individual Investor / Buyer connected with the Business
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