Payment Services Company Investment Opportunity in Hyderabad, India
Hyderabad based fin-tech firm in partnership with a Tier-1 private bank offering cash transfer solutions.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Payment Services |
| Locations | Hyderabad |
| Local Time | 5:40 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
107 thousand
for
65.0%
stake
(Native Currency: INR 10,000,000)
Reason: To purchase API kit from a bank and for initial phases of marketing to make the product an MVP.
Includes physical assets worth
USD
5.3 thousand
Interested to connect with advisors
Documents
RoC Certificate
(527.7 KB)
DIPP Recognition
(7.9 KB)
RoC Certificate
(527.7 KB)
ROC-Verification
(59.5 KB)
ROC-Verification.pdf
(59.5 KB)
Business Overview
- Have built a payments and money transfer mobile application.
- The application can be used to transfer money from between banks, different e-wallets, between wallets and banks and to pay utility bills.
- We will be charging a 2.0% commission on each transaction.
- Currently the demo version of the application is available.
- Have tied up with a Tier-1 private sector bank and we are in the process to purchase their API kit.
- Once the API Kit is purchased, the final version will be launched within 30-45 days.
- The application can be used to transfer money from between banks, different e-wallets, between wallets and banks and to pay utility bills.
- We will be charging a 2.0% commission on each transaction.
- Currently the demo version of the application is available.
- Have tied up with a Tier-1 private sector bank and we are in the process to purchase their API kit.
- Once the API Kit is purchased, the final version will be launched within 30-45 days.
Products & Services Overview
Bill Payments, Money transfers, Pocket Shakes, Savings Accounts.
Facilities Overview
Rented office space of 650 sq. ft.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Marketing & Financial Solutions, Dubai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector - Engineering, IT Services, Hyderabad, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Civil Contractors, Mumbai, Corporate Investor / Buyer connected with the Business
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