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Payment Services Company Investment Opportunity in Kuala Lumpur, Malaysia

Profitable financial services company, 100K+ customers, seeks investment to expand in peer to peer remittance.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 100 - 200 million
Run Rate Sales USD 130 million
EBITDA Margin 0 - 10 %
Industries Payment Services
Locations  Kuala Lumpur
Local Time 5:14 AM Asia / Kuala Lumpur
Listed By Management Member
Status Active
Overall Rating
Partial Stake Sale
USD 1.8 million for 10.0% stake (Native Currency: MYR 8,500,000)
Reason: We are seeking an investment of MYR 8.5 million to further develop our digital remittance platform a... View More
Includes physical assets worth USD 2.3 million
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Business Name
Not disclosed
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Company Profile
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Business Overview

- Money services business (MSB) company licensed and regulated by Bank Negara Malaysia.

- We have 11 outlets nationwide and more than 100,000 active customers.

- Obtained BNM approval for a Class A license to offer our very own remittance services.

- Recently launched, our proprietary digital remittance platform is now available on mobile apps via Google Play Store and Apple App Store.

- Won the global banking and finance awards® for the Best Money Exchange Provider Malaysia.

- Most of our operations are computerized hence we have a high employee turnover.

Products & Services Overview

- Currency exchange.

- Digital money transfer service - Over the counter, mobile apps, web portal.

Assets Overview

Physical assets include.

MSB Class A license, Cash and Cash equivalents, equipments, vehicles, renovations, digital assets like remittance software, and accounting software.

Facilities Overview

We have 11 outlets nationwide, as well as our headquarters office. All the facilities are rented.

Capitalization Overview

The total number of shareholders is 3 and the ownership structure is mentioned below:

1st shareholder - 63%

2nd shareholder - 7%

3rd shareholder - 30%

Recent Activity
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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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