FinTech Startup Investment Opportunity in Hyderabad, India
Early-stage fintech company launching co-branded credit cards and a no-cash burn philosophy seeks seed investment.
This transaction has concluded.
Premium Plan
| Established | 1-5 year(s) |
| Employees | < 2 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | FinTech |
| Locations | Hyderabad |
| Local Time | 8:08 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
234 thousand
for
25.0%
stake
(Native Currency: INR 20,000,000)
Reason: Product development and market entry.
What separates us from the rest is our approach to building t...
View More
Includes physical assets worth
USD
880
Interested to connect with advisors
Documents
Memorandum of Association
(99.7 KB)
Articles of Association
(127.3 KB)
Pitch Deck
(1.4 MB)
Co-Branded Card Slide
(38.9 KB)
Certificate of Incorporation
(71.0 KB)
ROC-Verification.pdf
(66.3 KB)
Business Overview
We are an early-stage financial services company and are in the process of product development. We are building and launching our first product, which is a co-branded credit card for the Indian market.
Our technology partners who are helping us in getting the APIs will select the banking partner as well. The final co-branding on the credit card will be between us and the partner bank.
We will not partake in lending activities but only provide the mobile & web application and the credit card.
2 planned revenue streams:
- We get a 0.35-0.40% portion of the interchange of each transaction.
- Eventually charge a nominal membership fee.
- Market entry within 3-4 months of raising the capital.
Our technology partners who are helping us in getting the APIs will select the banking partner as well. The final co-branding on the credit card will be between us and the partner bank.
We will not partake in lending activities but only provide the mobile & web application and the credit card.
2 planned revenue streams:
- We get a 0.35-0.40% portion of the interchange of each transaction.
- Eventually charge a nominal membership fee.
- Market entry within 3-4 months of raising the capital.
Products & Services Overview
We are raising our first round of funding to build and scale our first product - a co-branded credit card in partnership with some of the leading banks in India.
Assets Overview
The business currently has INR 75,000/- in the bank.
Facilities Overview
We have a virtual-office registration at the WeWork Financial district in Hyderabad and have chosen to build this company in a very cost-effective, low-overheads way. can use for co-working.
Capitalization Overview
The business is currently bootstrapped by the solo founder.This is the shareholding pattern:
- Founder, full-time with 90% of the shares.
- Non-executive director with the remaining 10% of shares.
We are looking for angel investors (preferably) who can provide us with the crucial seed Investment to get the company going.
Recent Activity
-
Earlier than 15 daysCEO, Chennai, Financial Consultant connected with the Business
-
Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with the Business
Tags:
Financial Website Startup Investment Opportunity in Hyderabad, India
·FinTech Startup Investment Opportunity in Hyderabad, India
·Invest in Financial Website Startup in Hyderabad, India
·Financial Website Startup Investment Opportunity
·Invest in FinTech Startup in Hyderabad, India
·Investment Opportunity in Hyderabad, India
·FinTech Startup Investment Opportunity
·Invest in Financial Website Startup
·Invest in Hyderabad, India
·Invest in FinTech Startup
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
