Profitable FinTech Company Investment Opportunity in Dubai, United Arab Emirates
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 |
- 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.
- Online platform for exchange (recently launched)
- Crypto ATMs already completed.
- Our ATM software, our licenses in the UK and Australia, and the OTC platform.
Currently, there is only one shareholder in the company.
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Earlier than 15 daysFinance Head, Accounting, USA, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManager, Packaged Food Manufacturer, Dubai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysAgile Coach, IT Services, Dubai, Individual Investor / Buyer connected with the Business