Profitable Consumer Electronics Company Investment Opportunity in Los Angeles, United States
Patented smart rings business operating from nearly 5 years seeks investment to scale the business.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | C Corporation |
| Reported Sales | USD 600 - 700 thousand |
| Run Rate Sales | USD 1.2 million |
| EBITDA Margin | 30 - 40 % |
| Industries | FinTech + 1 more |
| Locations | Los Angeles |
| Local Time | 10:10 AM America / Chicago |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
3.4 million
for
30.0%
stake
(Native Currency: USD 3,400,000)
Reason: Scale platform with Walmart launch; add manufacturing location in LATAM.
Includes physical assets worth
USD
2 million
Interested to connect with advisors
Documents
Brochure
(95.7 KB)
Business Overview
- Globally certified contactless payments; support crypto.
- Recurring revenue, profitable, payment & processing platform.
- We issue debit cards & wearable devices and control the payment flow.
- Cross border transactions possible;
- US patents, tooling, certifications and issuance program.
- Valuation = patents + rev + hard assets.
- Recurring revenue, profitable, payment & processing platform.
- We issue debit cards & wearable devices and control the payment flow.
- Cross border transactions possible;
- US patents, tooling, certifications and issuance program.
- Valuation = patents + rev + hard assets.
Products & Services Overview
We facilitate payment processing, contactless payment technology, wearable devices, virtual debit card issuance, in app purchasing, gaming and secure access capabilities.
Assets Overview
Patents, payment platform, native app, compliance approvals and monitoring, manufacturing tooling.
Facilities Overview
Distributed workforce; no commercial properties in use.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysAssociate Broker, Florida City, Business Broker connected with the Business
-
Earlier than 15 daysPresident, Real Estate Investments, Encinitas, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Financial Services, Payment Services, Betting, Prague, Corporate Investor / Buyer connected with the Business
Tags:
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