Payment Services Company Investment Opportunity in Manila, Philippines

Company has developed a patented self-service payment machine and has installed 1,800 machines across Manila.
This Business is on a Premium Plan
Established
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 300 million
EBITDA Margin
1 %
Industries
Locations
Local Time
9:49 AM Philippines
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 10 million for 20.0% stake (Native Currency: PHP 500,000,000)
Reason: To increase the growth rate of the business. To deploy more machines. To expand the business in Duba... View More
Includes physical assets worth USD 7 million
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Business Overview

- Company in the Philippines has developed a patented self-service payment machine for any type of cash payment service.

- The complete system and software are developed in-house with remote monitoring and auto reporting analytics to ensure maximum speed, security, safety and convenience.

- So far we have installed 1,800 machines and we are about to deploy 800 more machines soon.

- We have partnered with more than 100 billers from telecom, utilities, ticketing, E-Govt, insurance, loans, e-wallet, toll fees to offer total convenience.

- Our machines are installed in companies, malls, buildings, apartments, roads sides, institutions, petrol pumps.

- On a daily basis, more than 1,000,000 transactions take place through our machines.

- We generate revenue by charging a commission for each transaction from the billers.

- Machines are assembled locally using imported parts.

- In the process to expand the business to Dubai.

- Our brand is Trademark registered.

- Business owns the brand, website, software, property, servers, computers, laptops, furniture, cash counting & high volume sorting machines and vehicles.

Products & Services Overview

We have developed a patented self-service payment accepting machine for any type of cash payment service. We have partnered with over 100 billers from telecom, utilities, ticketing, E-Govt, insurance, loans, e-wallet to offer convenience in paying bills.

Facilities Overview
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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