Profitable FinTech Company for Sale in Minneapolis, USA
For Sale: US-based fintech company operating in United States with about 5000 customers and growing.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 380 thousand |
| Run Rate Sales | USD 480 thousand |
| EBITDA Margin | 40 % |
| Industries | FinTech + 1 more |
| Locations | Minneapolis |
| Local Time | 4:04 PM America / Chicago |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
3 million
(Native Currency: USD 3,000,000)
Reason: The owners have decided to pursue different interests and are seeking an orderly transition of the b...
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Name, Phone, Email
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Business Name
Not disclosed
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Business Overview
- Based in Minneapolis, we are a licensed digital remittance company with operations across four U. S. states.
- Our customer base includes about 5000 users who rely on our services for international money transfers.
- We specialize in money transfers across countries like Ethiopia, Kenya, Uganda, Nigeria, Gambia, India, Pakistan, and Bangladesh.
- Our user-friendly mobile app makes it easy for customers to send money quickly and securely.
- We generate around $40,000 in revenue each month, mainly through transaction commissions.
- Our business is supported by strong partnerships with multiple banks, ensuring reliability and trust.
- We take pride in our fully in-house technology and infrastructure, which enhances our service quality.
- Business has MTL licenses in 4 states, banking partnerships and agreements.
- We hire consultants and freelancers as per requirements.
- Our customer base includes about 5000 users who rely on our services for international money transfers.
- We specialize in money transfers across countries like Ethiopia, Kenya, Uganda, Nigeria, Gambia, India, Pakistan, and Bangladesh.
- Our user-friendly mobile app makes it easy for customers to send money quickly and securely.
- We generate around $40,000 in revenue each month, mainly through transaction commissions.
- Our business is supported by strong partnerships with multiple banks, ensuring reliability and trust.
- We take pride in our fully in-house technology and infrastructure, which enhances our service quality.
- Business has MTL licenses in 4 states, banking partnerships and agreements.
- We hire consultants and freelancers as per requirements.
Products & Services Overview
Company specializes in mobile app–based international money transfers to Ethiopia, Kenya, Uganda, Nigeria, Gambia, India, Pakistan, and Bangladesh.
Assets Overview
Mobile application, infrastructure, domain, web platform, MTL licenses in 4 states, banking partnerships and agreements.
Facilities Overview
This is an U. S. based, online remittance company operating in 4 USA states.
Capitalization Overview
Founded and grown by three owners without external funding, the company is fully self-sustaining and generates net profits after all operating expenses.
Recent Activity
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1 day, 2 hours agoChief Operating Officer, Financial Services, Raleigh, Corporate Investor / Buyer connected with the Business
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1 week agoVP - Sales, Financial Management Service, New York City, Corporate Investor / Buyer connected with the Business
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