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FinTech Startup Investment Opportunity in Colombo, Sri Lanka

BNPL fintech company in Sri Lanka requires funds for launching activities.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries FinTech
Locations  Colombo
Local Time 6:29 PM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 240 thousand for 6.0% stake (Native Currency: LKR 80,000,000)
Reason: - Need the investment for launch as we are currently set with a certain merchant list that will requ... View More
Includes physical assets worth USD 45 thousand
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Business Overview

In Summary.

● Launch ready with product fully developed.

● 15 full-time staff consisting of marketing, tech, HR, and finance.

● Merchants already onboarded 25+ with a line-up to come after launch.

● Developed product to launch online for each different platform (Shopify, Magento, Woocommerce or custom)

● Ready to go in-store with QR with our mobile application which is enabled both for IOS.

And Android.

● Already funded 15,000,000 + LKR ($50,000 USD)

Detailed financials can be sent.

Products & Services Overview

- Buy Now Pay Later Service.

- Payback in 3 or 4 installments.

Assets Overview

Land of 100 sq ft, laptops, printers, stationery, sim cards, WIFI router, and software development packages.

Facilities Overview

Own office is located in the east of the city on a 100 sqft area on a single floor able to occupy 10-15 staff currently.

Capitalization Overview

- Funded as a pre-seed via a single investor.

- We have currently 3 directors/shareholders with full combined full ownership of the company.

Recent Activity
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2 Investors contacted this Business this month.
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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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