Payment Services Business for Sale in Lorient, France
| Established | 10-20 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 6 - 7 million |
| Run Rate Sales | USD 7.7 million |
| EBITDA Margin | 10 - 20 % |
| Industries | Payment Services + 1 more |
| Locations | Lorient |
| Local Time | 11:23 PM Europe / Paris |
| Listed By | Business Owner / Director |
| Status | Active |
- Generating a robust revenue of EUR 5.7 million last calendar year, the business demonstrates significant financial viability and growth potential in the top-up recharge industry.
- With over 500,000 transactions processed annually, the platform showcases high user engagement and trust, a key indicator of success in mobile app services.
- Serving a diverse customer base of over 100,000 users, the app highlights a strong foothold in the European markets while reaching users across 160 countries.
- The product mix is strategically balanced, with 57% of revenue derived from top-ups, while gift cards contribute the remaining 43%, achieving diversification of income streams.
- The platform leverages connections with 600 mobile operators and offers over 1,000 gift card options, underscoring its extensive network and product variety.
- Operational management is supported by 3-4 contract staff, and app development is outsourced, ensuring lean operations and focus on core business areas.
1. International phone credit top-ups:
• Who uses them: Primarily individuals living abroad or those with family and friends in other countries.
• How: Users send mobile credit to loved ones in different countries, ensuring they stay connected without high roaming charges.
2. Gift cards:
• Who uses them: Consumers looking for convenient gifting options or those purchasing digital services.
• How: Users purchase gift cards for popular platforms, apps, or stores, either for personal use or as presents for others. These cards can be redeemed for a wide range of services.
Both products are popular due to their convenience, affordability, and accessibility across European markets.
International platform connected to over 600 operators, a fraud management platform, a payment management platform, and a customer base of over 100,000.
Zero debt.
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Earlier than 15 daysFounder, Fintech, Montpellier, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysPartner, Investment Firm, London, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, London, M&A Advisor connected with the Business