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Profitable FinTech Company Investment Opportunity in Dubai, United Arab Emirates

Crypto payment and exchange solutions in the UAE, Australia & the UK.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales INR 5.4 crore
Run Rate Sales INR 5.6 crore
EBITDA Margin 40 %
Industries FinTech + 1 more
Locations  Dubai
Local Time 1:40 PM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
INR 12.8 lakh for 30.0% stake (Native Currency: AED 55,000)
Reason: - We are seeking to expand the business and increase our liquidity so that we can generate more prof... View More
Interested to connect with advisors
Business Overview
- Exchange business generating roughly a quarter million dollars in yearly profits operating for several years.
- Currently, we are operating the OTC exchange desk wherein clients physically visit us and convert their fiat into crypto or deposit USDT and cashout in a bank within 24 hours.
- Our total transaction volume per year is AED 64.8 million.
- We generate revenue by charging a variable fee on transactions and also by using arbitrage trading.
- The company just launched a product that will revolutionize the digital assets industry. This product is a platform/app that automatizes the whole OTC (exchange) process and offers the services of cashing out your USDT directly to a bank account of your choosing in the UK, Australia, Dubai, and China within hours.
- The business is structured as part of a growing and developing ecosystem. The other piece of this ecosystem is physical crypto ATMs that will be introduced in Q4 this year (they are ready under testing as of now). This will be followed by debit cards a few months after.
- Company has 8 full-time employees in UAE and Australia and 3 part-time staff. We outsource a portion of our services to other third-party suppliers.
Products & Services Overview
- OTC crypto services.
- Online platform for exchange (recently launched)
- Crypto ATMs already completed.
Assets Overview
- 400,000 USD in cash and USDT.
- Our ATM software, our licenses in the UK and Australia, and the OTC platform.
Facilities Overview
We have a rented office at the moment. Our total office size is 3,200 square feet.
Capitalization Overview
At the moment our core operations are covered by the profits the business generates. We are seeking a strategic partner/investor in order to expand and develop the business professionally. We don't have any loans.
Currently, there is only one shareholder in the company.
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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