Small FinTech Company for Sale in Wilmington, USA
Fintech neobank in Africa with fully developed app and proprietary technologies, available for sale.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | C Corporation |
| Reported Sales | Nil |
| Run Rate Sales | USD 3.6 thousand |
| EBITDA Margin | Nil |
| Industries | FinTech |
| Locations | Nairobi + 1 more |
| Local Time | 12:38 AM America / Cuiaba |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
700 thousand
(Native Currency: USD 700,000)
Reason: The owner wants to change career path.
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Financial Model
(10.3 KB)
App Interface
(87.9 KB)
Transaction History
(89.4 KB)
Expenses
(91.2 KB)
Referral Program
(209.0 KB)
Merchant Option
(98.3 KB)
Help
(83.4 KB)
Presentation
(7.2 MB)
Certificate of Incorporation
(800.0 KB)
Business Overview
- Emerging neobank in Africa, leveraging proprietary technology to provide enhanced financial solutions through a versatile mobile application designed for retail customers and local merchants.
- We have a mobile application that can be downloaded by the retail customers and local merchants.
- 10,000 customers obtained via word of mouth;
- 300 merchants and counting.
- IP worth USD 1 million.
- We make money through a 1% transaction fee on multi-currency transactions (non-P2P), and a percentage of the yield we generate to the customers.
- App well rated on Google Play: 4.21 stars out of 5. The app has 10,000+ downloads.
- Proprietary technology: in-house developed app, backend in microservices architecture, backoffice and custom-built KYC system. Robust infrastructure as a code deployed in AWS with enhanced cybersecurity.
- 2,100+ followers on Facebook.
- Approved as Data Controller by the ODPC in Kenya.
- Business permit as a financial service company in Kenya.
- The business partners with regulated organisations across Africa.
- Quick and effective customer service.
- We have a mobile application that can be downloaded by the retail customers and local merchants.
- 10,000 customers obtained via word of mouth;
- 300 merchants and counting.
- IP worth USD 1 million.
- We make money through a 1% transaction fee on multi-currency transactions (non-P2P), and a percentage of the yield we generate to the customers.
- App well rated on Google Play: 4.21 stars out of 5. The app has 10,000+ downloads.
- Proprietary technology: in-house developed app, backend in microservices architecture, backoffice and custom-built KYC system. Robust infrastructure as a code deployed in AWS with enhanced cybersecurity.
- 2,100+ followers on Facebook.
- Approved as Data Controller by the ODPC in Kenya.
- Business permit as a financial service company in Kenya.
- The business partners with regulated organisations across Africa.
- Quick and effective customer service.
Products & Services Overview
This company provides a single app to save, send, and spend money smarter across Africa.A person sending money between countries in Africa loses 5% and waits 3 days. This company cuts it to zero fee and instantly as a peer-to-peer transaction powered by crypto.
The company also generates yield in dollars to its customers.
Main features:
1. International transfers to 11 countries.
2. E-wallet in dollars used by retail customers and merchants to earn yield and hedge against inflation.
The top-selling right now is the international transfers.
Assets Overview
Intangible assets:- Customers.
- Partnership with solid organisations.
- Mobile banking app and its backend.
- KYC (Know Your Customer) platform.
- Approved trademarks.
- Memorable 5-letter internet domain.
- Branding.
- Marketing materials, including a blog with hundreds of literacy posts.
- C-Corporation in the US with a subsidiary in Kenya.
Facilities Overview
The company is registered in Delaware with a subsidiary in Nairobi, Kenya.
Capitalization Overview
Self-funded. No debt/loans.1 sole shareholder has 100% of the company.
Recent Activity
-
1 week, 4 days agoManager, Wholesale Building Materials, Portland, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, IT Services, Pune, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder, IT, Hyderabad, Individual Investor / Buyer connected with the Business
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2 Buyers contacted this Business this month.
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