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Newly Established Stock Broking Company Investment Opportunity in London, United Kingdom

Digital bank offering sharia investment and e-wallet services.
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 Stock Broking
Locations  London
Local Time 12:16 PM Europe / London
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 120 thousand for 2.0% stake (Native Currency: GBP 100,000)
Reason: Looking for investors to fund FCA licensing costs, creation of a Shariah board, app development, and... View More
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Business Overview

- Startup with a ready prototype for investing and trading in Shariah-compliant stocks, bonds, and funds.

- Over 1,000 signups to the waitlist.

- The app will target millennials and Gen Z investors to use the app to trade/invest, learn about shariah investing, and also provide them with a debit card for day-to-day spending.

- Initial target markets are the UK, parts of Europe, and the MENASA region.

- Debit card use will also lead to cashback and rewards at partner stores and platforms.

- The website is live and we are running campaigns to get users to join our waitlist.

- Revenue channels B2B & B2C.

- Will generate revenue through subscription fees, foreign exchange fees, SWIFT charges, cash withdrawal charges, and remittance charges.

- Platform currently being tested by 100 beta testers.

- The team has over 40 years of experience and expertise in banking, business management, and tech development.

Products & Services Overview

- A trading platform for Shariah-compliant investment seekers.

- Robo advisor, auto portfolio management system.

- Learning platform to teach upcoming traders and investors about Shariah-compliant investing.

Assets Overview

Software and website = GBP 150,000.

No physical assets.

Facilities Overview

Rented office space of 100 sq. ft. in Canary Wharf, London, UK with a monthly rent of GBP 500.

Capitalization Overview

- The business has been solely funded by the founder who owns 100% equity in the business.

- The firm has no debts or liability.

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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