Newly Established Payment Services Company Investment Opportunity in Munich, Germany
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Payment Services |
| Locations | Munich + 1 more |
| Local Time | 7:27 AM Europe / Berlin |
| Listed By | Business Owner / Director |
| Status | Active |
- Company in pre-revenue phase with a loyalty and rewards platform.
- It will function as a mobile application that provides a multi-brand loyalty program.
- The users can pay in either crypto or fiat currency.
- Users can redeem loyalty points for products and discounts.
- We would charge a fixed commission from our partner companies i. e the brands on our app.
- The commission percentage is yet to be decided as we are in negotiations with the banks.
- We will advertise through our partner companies to garner more users, and also use social media platforms and digital marketing tools.
- We will soon launch our platform in the UAE.
- Our reason for choosing the UAE is our direct partnership with the most luxurious franchise brands ranging from Rixos hotels to BMW.
- Currently, Dubai is being developed as a multi-cultural and modern city. Supplemented with many tourists, this provides us with a great opportunity for a launch and expansion of our product.
- Our strong partnership with companies and individuals alike which also operate in other countries offers us the best location to launch.
- One of the owners is currently based in Germany.
- The 8 employees work from our offices in Munich, Spokane and Dubai.
- Most of the other roles are outsourced.
With our loyalty program, we want to help users find locations that fit their lifestyle, no matter where they are in the world. Finding healthy food, training at gyms/fitness classes, and shopping can all be done through the app.
Moreover, the app is based on hybrid blockchain technology. This will result in secure transactions. It is imperative for payment processing through our application to execute in both blockchains and in current fiat currencies.
The physical assets include computers, laptops, office furniture, and fixtures.
Currently, we have three offices, in Munich, Washington and Dubai.
Munich office of 30 sq. m. at a monthly rent of EUR 800/month. The annual rent of the Office in Dubai amounts to EUR 3,000 and the Spokane (Washington) office is personally owned property.
