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Payment Services Business Investment Opportunity in Lagos, Nigeria

Unregistered firm aiming to offer patented financial service and retail payment solutions to customers.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees < 2
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Payment Services + 1 more
Locations  Lagos
Local Time 4:45 AM Africa / Lagos
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 8.4 thousand for 5.0% stake (Native Currency: NGN 12,500,000)
Reason: We need funds to finalize the mobile app, complete registration, and finish the process designs and ... View More
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Business Overview
- Targeting rapid financial inclusion through innovative payment solutions and seamless money transfer services in Lagos.
- Aiming for a substantial market presence with a potential user base exceeding 10 million individuals, alongside services catering to over 1.5 million businesses across Nigeria within five years.
- Anticipates generating a significant annual revenue stream averaging $200,000 with streamlined operations in the initial two years.
- Plans include the development of a mobile app and website to enhance accessibility and user experience for both individual and business clients. Development is already in progress.
- Revenue model focused on transaction-based commissions, positioning the business for scalable growth.
- Spearheaded by an experienced financial expert with a 15-year track record in successfully creating and selling groundbreaking financial solutions.
- Promoter's previous innovations have led to the growth of companies now valued at over $10 million and $1 billion, showcasing a proven capability to conceptualize and sell high-impact financial ideas.
- Business is not registered yet and it will be registered as soon as we have a partner.
Products & Services Overview
Primary services will be:
Payment solution.
Seamless money transfer.
Pair payment.
Assets Overview
Laptops and office gadgets. Assets don't have significant value. We are an asset light company.
Facilities Overview
We have a well furnished rented office in Lagos.
Capitalization Overview
The business will be registered as a sole proprietorship.
There are no debts or liabilities whatsoever.
Recent Activity
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6 Investors already contacted this Business. Register below to connect now!
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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