Mobile Apps 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 From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Payment Services + 1 more
Local Time
10:24 AM Colombo
Listed By
Management Member
Status
Active
Overall Rating
Seeking Loan
USD 700 thousand for 10.0% annual interest, 6.0 years (Native Currency: LKR 120,000,000)
Reason: To launch the product.
Collateral Available: USD 700 thousand
Includes physical assets worth USD 85 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
Recent Activity
  • Earlier than 15 days
    Executive Director, New Delhi, Financial Advisor accepted business proposal
  • Earlier than 15 days
  • Earlier than 15 days
    Senior Executive, Colombo, Financial Advisor connected with this business
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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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