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Personal Loans Business Investment Opportunity in Lagos, Nigeria

Platform offers automated daily, weekly, and monthly savings solutions in Nigeria, seeking investment for growth.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 770 thousand
Run Rate Sales USD 1.23 million
EBITDA Margin 10 %
Industries Personal Loans + 1 more
Locations  Lagos
Local Time 10:48 AM America / Chicago
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 640 thousand for 10.0% stake (Native Currency: NGN 1,000,000,000)
Reason: The owner is interested in partnering with investment banks/individuals who can take the business to... View More
Name, Phone, Email
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Business Name
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Business Overview
- The platform is an automated savings solution operating in Nigeria, providing services for daily, weekly, and monthly savings.
- Boasting 8,000 active daily users, the platform currently generates NGN 160 million monthly, translating to NGN 2 billion annually.
- Demonstrating robust growth with a year-on-year expansion rate of 100%, the business has achieved this momentum purely through organic growth channels.
- Operates with a streamlined team of 12 employees, highlighting efficient operational practices within the organization.
- The platform represents a growing segment in the fintech industry, tapping into the increasing demand for automated financial solutions.
- Positioned in a high-potential market, the company leverages Nigeria's large and youthful population base with increasing internet penetration.
- Potential for scaling remains significant given the current growth trajectory and the absence of aggressive marketing strategies.
Products & Services Overview
Platform offering automated savings solutions designed to help individuals manage their finances by setting up daily, weekly, or monthly savings.
Assets Overview
The business is not asset heavy. No tangible assets.
Facilities Overview
Currently operating from a leased office facility.
Capitalization Overview
Business is currently on a 80%-20% ownership.
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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