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Newly Established Payment Services Company Investment Opportunity in Bhubaneswar, India

FinTech platform having processed INR 30 million through third party payment gateways, developing its own payment gateway.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 36 thousand
Run Rate Sales USD 43 thousand
EBITDA Margin 20 %
Industries Payment Services + 1 more
Locations  Bhubaneswar
Local Time 7:27 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 120 thousand for 30.0% stake (Native Currency: INR 10,000,000)
Reason: To expand globally by onboarding international banks.
Includes physical assets worth USD 12 thousand
Interested to connect with advisors
Documents
Business Overview

FinTech platform helping businesses and NGOs have seamless payment service through 3rd party gateway for domestic and international payment. We mainly deal with importers and exporters and have 20+ clients using the platform out of which 90% transactions are international payments. At the moment the platform provides debit and credit card payment solutions and have processed INR 30 million till date.

The company is currently developing its own payment gateway which should be live within the next 3 months. In talks with 2 banks right now and have plans to onboard all major domestic and international banks. Seeking funds to onboard international banks.

Products & Services Overview

- Current: Payment facilitator using 3rd party gateway.

- Future: Own Payment gateway, POS, MOTO, Payment Switch.

Facilities Overview

OCAC tower subsidised space under STPI and startup Odisha. In the process to take up new office of 500 sq ft on rent.

Capitalization Overview
Not Disclosed
Recent Activity
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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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