Payment Services Company Investment Opportunity in Hyderabad, India
Hyderabad based fin-tech firm in partnership with a Tier-1 private bank offering cash transfer solutions.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Payment Services |
| Locations | Hyderabad |
| Local Time | 10:19 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
120 thousand
for
65.0%
stake
(Native Currency: INR 10,000,000)
Reason: To purchase API kit from a bank and for initial phases of marketing to make the product an MVP.
Includes physical assets worth
USD
6 thousand
Interested to connect with advisors
Documents
RoC Certificate
(527.7 KB)
DIPP Recognition
(7.9 KB)
RoC Certificate
(527.7 KB)
ROC-Verification
(59.5 KB)
ROC-Verification.pdf
(59.5 KB)
Business Overview
- Have built a payments and money transfer mobile application.
- The application can be used to transfer money from between banks, different e-wallets, between wallets and banks and to pay utility bills.
- We will be charging a 2.0% commission on each transaction.
- Currently the demo version of the application is available.
- Have tied up with a Tier-1 private sector bank and we are in the process to purchase their API kit.
- Once the API Kit is purchased, the final version will be launched within 30-45 days.
Products & Services Overview
Bill Payments, Money transfers, Pocket Shakes, Savings Accounts.
Facilities Overview
Rented office space of 650 sq. ft.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Marketing & Financial Solutions, Dubai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector - Engineering, IT Services, Hyderabad, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Civil Contractors, Mumbai, Corporate Investor / Buyer connected with the Business
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