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FinTech Startup Investment Opportunity in Naperville, United States

US based innovative fintech platform working to enhance stock-based loyalty program seeking strategic partner.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 2 - 5
Legal Entity C Corporation
Reported Sales Nil
Run Rate Sales USD 12 thousand
EBITDA Margin Operating at loss
Industries FinTech
Locations  Naperville
Local Time 9:57 AM America / Chicago
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 750 thousand for 20.0% stake (Native Currency: USD 750,000)
Reason: The owner is seeking an strategic parner who can help in the platform development with the help of t... View More
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Business Overview
- Fintech platform based in Chicago is innovating the loyalty program model by offering customers stocks in the business instead of traditional points when they make a purchase at a retail shop.
- The platform is currently under construction with an anticipated launch date set for the middle of next year.
- Negotiations are underway with a construction company to finalize contracts essential for the platform's development.
- The launch of the platform is contingent upon securing a contract with a major company.
- Projections indicate the platform will attract over 30,000 users within the first year following its launch.
- The revenue will either be generated in the form of platform fees from the customers, or from a service charge taken from the businesses.
- At present, the business is operating at an operational loss.
- The testing phase has been successfully completed, ensuring the platform's readiness for market introduction.
- The business is in possession of a valid broker-dealer license, which is a critical regulatory requirement for its operations.
Products & Services Overview
The platform will help customers to get stocks instead of loyalty points for their purchases.
The business currently intends to operate in the US only, and depending on the response, it will expand globally.
Assets Overview
The intangible assets owned by the company:
- Broker-dealer license, being registered to the company.
- Connectivity to a large equity institution to facilitate fractionalized stocks.
- Team in Ukraine.
The intabgible assets are currently valued at USD 400 thousand.
Facilities Overview
The business is currently being operated remotely.
Capitalization Overview
The business is currently being self-funded by the 2 partners in the business.
The total investmet made till date it USD 75,000.
Recent Activity
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2 Investors contacted this Business this month. Register below to connect now!
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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