FinTech Startup Investment Opportunity in Hope Bay, Jamaica
Fintech company developing a superapp allowing users to conduct daily business transactions at their fingertips.
Premium Plan
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | FinTech |
| Locations | Hope Bay |
| Local Time | 4:03 PM America / Jamaica |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
320 thousand
for
15.0%
stake
(Native Currency: JMD 50,000,000)
Reason: The investment can be in the form of a loan to the company or the purchase of an equity stake. The f...
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Business Overview
- We are a startup company, however, we have started the app development using our own skillsets and resources.
- The total transaction value in the digital payments segment in Jamaica was USD 885.59 million in last year and is projected to reach USD 972.40 million this year.
- So this can be a very lucrative business if marketed properly, especially with the direction in which the world is going.
- The business has 9 employees who have full-time jobs in other companies, they are working in the IT and technical departments, finance, and marketing departments of the business. They will soon leave their jobs once the business receives funding.
- We have currently signed up 4 entities for the platform.
- The business makes money through the payments made through its software. We will be charging a percentage commission per transaction.
- Our team is highly skilled and they are currently working at the top-most organizations in the world.
- The total transaction value in the digital payments segment in Jamaica was USD 885.59 million in last year and is projected to reach USD 972.40 million this year.
- So this can be a very lucrative business if marketed properly, especially with the direction in which the world is going.
- The business has 9 employees who have full-time jobs in other companies, they are working in the IT and technical departments, finance, and marketing departments of the business. They will soon leave their jobs once the business receives funding.
- We have currently signed up 4 entities for the platform.
- The business makes money through the payments made through its software. We will be charging a percentage commission per transaction.
- Our team is highly skilled and they are currently working at the top-most organizations in the world.
Products & Services Overview
We are building a super app that facilitates:Bill payment services.
Instantaneous transfer of funds irrespective of the time of day or bank.
Payments at POS using a phone (NFC/ QR code scanning)
Payment services on websites and in apps.
Access to travel and transportation services.
Access to food & delivery services.
Access to medical services.
Assets Overview
The prototype of the app and website.
Facilities Overview
We will be operating virtually, however, we will have a registered corporate address where meetings can be held from time to time. The business is currently registered in Portland, Jamaica, and the headquarters will soon be moved to Kingston.
Capitalization Overview
We have been using in-house skill sets to build the app and personal funds to carry out miscellaneous transactions for the business like company registration, logo creation, etc.The business has one shareholder and there are no loans in the business.
Recent Activity
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Earlier than 15 daysAds Strategist, Software Development, Pickering, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Dallas, Financial Consultant connected with the Business
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Earlier than 15 daysManager, Business Processing Outsourcing, Westmoreland Parish, Individual Investor / Buyer connected with the Business
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