Payment Services Company for Sale in Bangalore, India
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | Private Limited Company |
Reported Sales | USD 290 thousand |
Run Rate Sales | USD 280 thousand |
EBITDA Margin | 40 % |
Industries | Payment Services + 1 more |
Locations | Bangalore |
Local Time | 6:06 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Pioneering in the payment services industry for mobile apps, we're among the first to cater specifically to the non-resident Indian and foreigner demographic with a focused fintech solution.
- Our robust revenue model comprises multiple streams including account activation fees, forex conversion charges, and interchange transaction fees, ensuring financial sustainability.
- We currently boast a strong customer base with 20,000 active users, leveraging our seamless service for their diverse payment needs in India.
- Temporary sales decline noted due to pricing experimentation; strategic adjustments are projected to restore and escalate sales performance.
- Certified with the Unified Payments Interface (UPI) standard, and in collaboration with a partner possessing a Prepaid Payment Instrument (PPI) license, we ensure compliance and security in all transactions.
- As a paid wallet, we maintain premium service offerings, providing enhanced user experiences and security features, setting us apart from free alternative solutions in the market.
We have invested INR 10 crore in the development of the product.
Has 2 directors with equal shares.
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Earlier than 15 daysVice President, Investments, Pune, Corporate Investor / Buyer connected with the Business