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Payment Services Startup for Sale in Gold Coast, Australia

For Sale: Crypto payment gateway platform and shopping technology provider specializing in web3 solutions.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 320 thousand
Run Rate Sales USD 800 thousand
EBITDA Margin 35 %
Industries Payment Services + 1 more
Locations  Gold Coast
Local Time 6:21 PM Australia / Brisbane
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 500 thousand (Native Currency: AUD 750,000)
Reason: - We are open to an investment or outright sale. - We consider this a fair valuation since we are l... View More
Interested to connect with advisors
Documents
Business Overview

- Crypto payments solution provider with merchant gateway platform that supports 100+ popular cryptocurrencies.

- We initially started as an eCommerce platform last year, but have switched our business to a payment merchant model.

- It is estimated there are more than 350m owners of cryptocurrencies worldwide, yet only 18,000 places to spend it.

- Our merchant platform allows businesses to accept any cryptocurrency as a form of payment in-store or online. Business can supply their own tablet and accept crypto for everyday items. We collect a transaction fee for each transaction.

- Have 28 clients including fashion retail stores, restaurants, gaming websites, and sports betting platforms.

- Our clients can immediately convert the crypto to fiat and we have partnered with a few exchanges to facilitate this conversion.

- We have developed the first non-custodial wallet in Australia, and have partnerships with leading liquidity providers, and a growing (organic) social community.

- Have multi-revenue generating sides to the business, including the new wallet, the merchant's platform, our own online marketplace, and the trading of our crypto token on exchanges (current market cap of $3m and daily transaction volume of AUD 20,000).

- Currently, most of our revenue is through transaction fees.

- Company has 3 directors and the promoter holds a majority stake of 65%.

- Business is debt-free and does not have any liabilities.

Products & Services Overview

* Wallet - Non-custodial digital wallet application available on iOS & Android devices.

* Merchant platform - A web-based platform allowing merchants to accept dozens of cryptocurrency payments in-store or online.

* Marketplace - A web store that accepts cryptocurrency as a payment method for hundreds of products.

* Cryptocurrency token - Based on the Binance Smart Chain. 750,000,000 issued. 90% deliverable. Listed on top 30 exchange and trading roughly USD 20,000 daily (over $3m trading volume since this year, and on track for $7m trading volume for 12 months).

Assets Overview

The buyer will receive:

- Wallet apps, iOS & Play Store accounts, source code,

- Merchant platform & code and customers.

- 99% of the total supply of our crypto token (current market cap of $3m USD, $20,000 daily trading volume), the exchange listing on a top 30 exchange.

- Company website.

- Token website.

- Marketplace website.

- Social media community of over 5,000 members, all accounts.

Facilities Overview

We have a commercial office space in Coolangatta, QLD on a revolving lease.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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