Payment Services Company Investment Opportunity in Kathmandu, Nepal

Smart Card manufacturer is looking for investment to expand business.

Established 5-10 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales USD 800 - 900 thousand
Run Rate Sales USD 1 million
EBITDA Margin 70 %
Industries Payment Services + 1 more
Locations  Kathmandu
Local Time 4:20 AM Asia / Kathmandu
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 2.2 million for 90.0% stake (Native Currency: NPR 250,000,000)
Reason: Looking for a financial partner to help expand the business.
Includes physical assets worth USD 220 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
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Documents
Company Profile
Brochure
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Business Overview

- Business was founded with the motive of providing remote bank deposit and digital wallet system in Nepal.

- We are licensed by Nepal Rastra Bank. Its main office is located in Anamnager, Kathmandu.

- Have developed Smart Deposit and Wallet System to encourage people in remote areas to make micro deposits without going to the bank.

- The service will also help busy professionals to make hassle free financial transactions.

- Using our system the customers can benefit round the clock banking service for making deposits. Now anyone can open Smart Account online/offline for free and make deposits of Rs. 100 or more by purchasing our product from nearby shop and sending the unique pin number into our system from SMS, mobile app or website.

- Our system also offers integrated Smart Wallet which can be used to make or receive online payments.

- Our system has integrated Smart Remit which will allow our users to make domestic remittance more convenient.

- A smart manufacturing business that is located in Nepal and has been in operation since 2015.

- Once an individual buy these smart cards, they can use the pin number on the card for a variety of different purpose such as send money to other individuals, deposit into banks, make online purchases, recharge and pay bills.

- These smart cards after manufacturing gets verified by the banks.

- The smart cards have various denominations such as 100, 200, 500, 1,000, 5,000, 10,000 and 20,000. These represent the money value of the cards.

- We have 10 distributors in Nepal through who we sell these cards.

Products & Services Overview

Money transfer, online payments, mobile recharge, bill payments, bank transfer.

Assets Overview

Office building and setup.

Facilities Overview

The business has it's own building from where they operate.

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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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