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Profitable FinTech Company for Sale in Toronto, Canada

Halal stock screening tool for B2C and B2B with 50k+ users from 50+ countries.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity C Corporation
Reported Sales USD 48 thousand
Run Rate Sales USD 48 thousand
EBITDA Margin 40 %
Industries FinTech
Locations  Toronto
Local Time 6:25 AM America / Chicago
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 354 thousand (Native Currency: CAD 483,000)
Reason: Promoter wants to sell the business to focus on their other two existing companies.
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Business Name
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Business Overview
- We provide services of halal stock screening mobile, and desktop applications and also an API for the same.
- The business is an award-winning FinTech company focused on ethical-driven financial services using both B2C and B2B models.
- The company serves more than 50,000 users in more than 50 countries.
- It has been voted the most reliable Islamic Fintech in 2020 according to a leading brand magazine.
- The company generates revenue through a range of channels, including.
Subscription fees, advertising through Admob for mobile and Adsense for the.
Web version, and cross-selling other financial applications, mainly.
Catering to the B2B segment.
Products & Services Overview
Halal stock screening mobile app and desktop.
Halal stock screening API.
Equity research software.
Portfolio management software.
Assets Overview
The company does not own physical assets, instead it owns large software IP.
Facilities Overview
Facilities include a leased Toronto office, in one university incubator with offshore offices in Tunisia for developers. We are not paying any rent for our space in the incubator.
Capitalization Overview
The business is debt free if we exclude the sweat equity provided by the founding team. All debt will be cleared upon the sale of the business. Completely funded by sales revenue. There is only 1 shareholder in the business.
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12 Buyers already contacted this Business. Register below to connect now!
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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