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Newly Established Microfinance Company Investment Opportunity in Muscat, Oman

Partial stake sale in an upcoming buy now, pay later platform.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Microfinance
Locations  Muscat
Local Time 1:29 AM Asia / Muscat
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 1.3 million for 80.0% stake (Native Currency: OMR 500,000)
Reason: Finalization platform development and finalize regulatory licenses as we need paid up capital of OMR... View More
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Business Overview
- Located in Oman, the company is developing a Buy Now Pay Later (BNPL) fintech application, which has been approved by the Central Bank of Oman and the Financial Services Authority.
- Operating with a small team of four employees, the company is dedicated to creating innovative financial solutions.
- The upcoming application will provide microloans and feature its own branded cards, striving to offer a complete range of financial services.
- The firm's ongoing collaborations with multiple technology vendors for the development of its BNPL solution highlight its strategic alliances.
- The primary services will encompass Buy Now Pay Later, Card as a Service, and Know Your Customer (KYC) as a Service, catering to contemporary financial requirements.
- With expertise in fintech, technology, and manufacturing, the team has forged strong partnerships with industry leaders and investors.
Products & Services Overview
- Our firm is a financial consultancy that specializes in the development and expansion of projects in various sectors, such as technology and agriculture.
- At present, we are focused on creating a buy now pay later application. This venture will operate as an independent entity, regulated by the central bank of oman, offering microloans and issuing its own cards.
- We have collaborated with multiple technology vendors to construct this solution.
- Our services will include buy now pay later, card as a service, and kyc as a service.
Assets Overview
The project does not have any physical assets at the moment.
The intangible assets include:
- In principle approval from Centre Bank of Oman and approval financial service authority.
- Technical platform which is currently under development.
Facilities Overview
The business operates from a rented office space, P Floor, in al maha street Bushar, Oman.
Capitalization Overview
The projec is owned by a single owner.
There are no debts on the business.
Recent Activity
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3 Investors already contacted this Business. 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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