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Payment Services Company Investment Opportunity in Valletta, Malta

Biggest network of payment kiosks in the Middle East with 4,500+ payment kiosks in UAE.

Established 10-20 year(s)
Employees 100 - 500
Legal Entity Public Limited Company
Reported Sales USD 10 - 20 million
Run Rate Sales USD 11.8 million
EBITDA Margin 0 - 10 %
Industries Payment Services
Locations  Abu Dhabi + 1 more
Local Time 1:07 PM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 22 million for 30.0% stake (Native Currency: AED 80,000,000)
Reason: AED 30 million will be invested in a new project (digital bank, cross-border transfers, accepting pa... View More
Includes physical assets worth USD 27 million
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Business Overview
Business that provides physical payment kiosks for mobile recharge, utility bill payments, and international transfers.
Our current footprint and business highlights.
- 4,500+ payment kiosks in UAE (~65 % of the market);
- 200K+ payments per day;
- 10M+ registered customers;
- AED 3B+ total annual turnover/payment volume handled;
- 600+ provided services.
We are paid a commission of anywhere between 0.5%-5% per transaction, depending on the transaction. The commission is paid by the service providers like Du, Etisalat, Virgin)
We have a trade license for operating in all the Emirates of UAE. We are also working to get a licence from Central Bank to expand and offer money deposit and withdrawal service as well because we already have the infrastructure set up for that.
Products & Services Overview
Our top selling services are the payment of utility bills and mobile recharge. The customers do their recharge/payment through our machine and then the mobile/utility service provider will pay us a commission between 0.5%-2.5% of the total transaction value. For international transfers, we make about 5% per transaction.
Our services:
- Direct payments to local providers (Du, Etisalat, Virgin, FEWA, ADDC, etc)
- Recharge international providers.
- Cross-border transfers.
- Mobile wallet recharge.
Assets Overview
Payment machines (kiosks), processing software, mobile application, trademark.
Facilities Overview
Our rented office is located in Abu Dhabi, UAE. Our main company where the investor will get a stake is registered in Malta. The owner and founder of this company stays in Abu Dhabi.
4,500+ own kiosks located in all of the Emirates of UAE.
Capitalization Overview
The business is owned by a public limited company incorporated in Malta. There are 5 major shareholders in the company, holding collectively ~80% of the shares. The remaining ~20% of shares are held by minority shareholders (about 1,000 individuals).
The business is fully self-sustaining and has no debts or other liabilities.
Malta.
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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