Payment Services Startup Equity Stake For Sale in Chilaw, Sri Lanka

- New Sri Lanka–based smart shop concept venture currently in the pre-revenue and ideation stage, aiming to revolutionize the in-store shopping experience.
- The concept will enable customers to shop at physical stores or showrooms, scan items, and make payments directly through their phones, eliminating queues and cashier interactions.
- Shoppers can simply pick up their items and walk out, enjoying a seamless, technology-driven experience designed for today’s busy consumers.
- The solution will be integrated into existing large-scale, high-traffic showrooms, making adoption simple and scalable.
- The initial revenue model involves selling the required software and hardware setup to partner stores, followed by recurring revenue through commissions on transactions processed via the platform.
- The primary target segments include cosmetic stores, wellness stores, and supermarkets.
- The promoter has over two decades of experience in the software development and hardware sectors.
- While the promoter is currently based in Japan, the business operations and product development will be carried out in Chilaw, Puttalam District, Sri Lanka.
- The business is not yet registered, and does not require registration under a financial regulator at this stage as it operates as a retail technology solution rather than a financial services provider.
- The company is actively seeking investment to begin platform development, technology integration, and pilot implementation.