Payment Services Company Seeking Loan in Colombo, Sri Lanka

Mobile app providing services for payment, mobile recharge, movie tickets, etc. seeks funding.

This Business is on a Premium Plan

Established	5-10 year(s)
Employees	10 - 50
Legal Entity	Private Limited Company
Reported Sales	Nil
Run Rate Sales	Nil
EBITDA Margin	Nil
Industries	Payment Services + 1 more
Locations	Colombo
Local Time	7:02 AM Asia / Colombo
Listed By	Management Member
Status	Moderately Active

6.4 / 10

Compare with industry

Seeking Loan

USD 400 thousand for 10.0% annual interest, 6 years (Native Currency: LKR 120,000,000)

Reason: To launch the product.

Collateral Available: USD 400 thousand

Includes physical assets worth USD 50 thousand

Name, Phone, Email

Available after connect

Business Name

Available after connect

User Verification

Business Overview

- It is an app used for mobile recharge, movie ticketing, e channeling for doctors appointment.

- The app will provide services only in Sri Lanka.

- It will be used by both Android and iOS users.

- Have entered into an agreement with Hutch, Etisalat, Mobitel, Airtel, Echannelling PLC, Srilankan Telecom, M Cash for Postpaid and prepaid recharge.

-. Have tie ups with 100 corporate and health institutions for doctors appointment.

- Revenue model: Reload charges on wallet for max @ 5 %,

For e ticketing @ 10%

- Have already started promotional events across the place.

- App is available as a free download at the moment.

- Official launch the app is planned in May 2018.

Products & Services Overview

- Mobile Application for wallet payment & payment gateway, doctor appointments, Movie tickets, Mobile prepaid, postpaid, DTH, Utility payments.

Facilities Overview

Rented of 2,450 Sq Ft, two floors which includes 1,300 Sq Ft of call centre & Technology centre.

Capitalization Overview

Not Disclosed

Recent Activity

Earlier than 15 days
Market Research Analyst, Synthetic Rubbers, Nicosia, Corporate Investor / Buyer connected with the Business
Earlier than 15 days
Independent Consultant, Colombo, Financial Consultant connected with the Business
Earlier than 15 days
Executive Director, New Delhi, Financial Consultant connected with the Business

Tags:

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Payment Services Company Seeking Loan in Colombo, Sri Lanka

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