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FinTech Businesses Seeking Loan

Showing 1 - 7 of 7 FinTech Businesses Seeking Loan. Lend to a FinTech or a Financial Website Business.

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FinTech Startup Seeking Loan in Bahrain

The business Idea is based on a developed artificial intelligence. “1-Year-testphase” made more than +400%.
I have been developing an automated system for the currency market for several years, and I am now ready to unleash its full potential. Guarantee and security are important components of my unique business idea, which positively impacts capital growth and profitability.
8.1   Bahrain
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 55 Mn at 30%
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FinTech Company Seeking Loan in Pune, India

Fintech SaaS platform helping businesses transform corporate spending seeks business loan for expansion.
- We are a startup and have created software for end-to-end spend management for corporates. - We help our clients with managing invoices, payment gateways for bookings of flights, hotels, etc, account-to-account transfer, and bill payment services. - Our business has two revenue models. First is the subscription-based for user licenses and second a percentage of commission that we charge for all the transactions that take place through our platform. - This is charged from the vendors. - 60% of the revenue is earned from the subscriptions and the rest is transaction revenue. - The business experienced an increase in the growth rate as we increased our marketing and onboarded some big companies. - Currently, we have 50 customers and 25 paid customers. - We have 16 employees working in tech, 15 in sales, 10 in the onboarding team, and 14 in operations. - The founders are from reputed colleges like IITs and IIMs. - The company is registered in Indore but the office is located in Pune.
6.4   Pune
Run Rate Sales
USD 650 thousand
EBITDA Margin
Operating at loss
Business Loan
USD 36 K at 15%
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FinTech Company Seeking Loan in Dubai, United Arab Emirates

Blockchain startup based out of Dubai seeks business loan to start its operations.
- We are a blockchain corporation that plans to have crypto stores, ATMs, sports players team's crypto transactions, and crypto mining. - We have a legal team that studies financial & logistical movement that involves a buy or sell of a player. We plan to make it easier through the use of blockchain. - Our company has contacts with soccer teams in Europe. - We plan to use AI to do mining with a focus on the use of ETH rigs and acceleration of system update processes. - Crypto ATM will be used for the management of buying and selling of crypto. - Currently, we are working in countries that have problems in the process of transactions in crypto. - Our company will charge a percentage of commission from each transaction done using our platform. - Crypto mining has the potential for generating daily gains, with a secure investment with low risk and an ROI of 1 year to 1.5 years. - From the sports transactions, the business can earn around 2%-4% of the value of the transaction of the player. - The business has 4 shareholders with a 40%, 26%, 17%, and 17% stake in the company. - The shareholders have more than 5 years of experience in blockchain projects, management of the crypto corporation, and logistical administration of funds. - We also have a team of experts on financial transactions using crypto. - The founders have experience in companies such as Mundo Crypto. - We already have 50+ customers on our waiting list. - The business is registered in Dubai, but one of the founders is from Peru. - Majority of the business operations will be from Dubai. - Company does not have any outstanding liabilities. - Currently, our platform has been taken off the internet as it is under going development.
8   Dubai
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 4 Mn at 5%
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FinTech Company Seeking Loan in Najjera, Uganda

Uganda-based FinTech company with a proprietary P2P lending application linking secured borrowers to lenders.
- Uganda-based FinTec company that has been operational for 8 years. - We've grown our revenue by 1,091% over the past 1 year as a result of the launch of our next version of the app and the onboarding of international lenders. - We've grown our matched portfolio by 684% from UGX 119,500,117 to UGX 937,473,272 with unserved loan requests of over UGX 2 billion due to insufficient lender funds. -We operate an average P. A. R. of 15% across our lender's portfolios all firmly secured with collateral sufficient to recover this P. A. R. in the event we executed recovery by disposal. - The average lending rate of our lenders as of the past year has been 6% per month on reducing the balance amortization method. - We have, twice, been awarded the Digital Impact Africa Awards certificate of excellence in the presence of stakeholders from both the private sector and government including the Minister of I. C. T. - Many of our registered lenders are Ugandans in the diaspora allowing them the opportunity to tap into business opportunities back home in Uganda. -Our app has an in-built credit rating system that will play an instrumental role in Uganda's Tier IV credit finance industry which presently does not have any credit reference bureau or information centre point. - The business hires contract employees when required.
Uganda-based FinTech company with a proprietary P2P lending application linking secured borrowers to lenders.
9   Najjera
Run Rate Sales
USD 500 thousand
EBITDA Margin
30 - 40 %
Business Loan
USD 130 K at 25%
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FinTech Business Seeking Loan in Cairo, Egypt

Micro-financing for patients to pay for medical services in installments specially for dermatology, dental and bariatrics.
Startup offers financial support to patients who undergo surgery related to dermatology, dental and bariatrics. When a patient visits a clinic, we make the entire payment for the surgery and then the patient pays us back in installments within 12 months. We have established tie-ups with clinics in Egypt who promote our service to the patients. Since we are a startup, we promote our brand and financial services through social media marketing and cold calls. We do not require any special regulatory approval / license to conduct our business activity. Before offering our financial support to a patient, we do a complete background verification and legal checks including income, bank balance, identity and address. We sign a legal agreement with each patient. Since inception, we have received enquiries from 100 patients of which 4 patients have used our financial service. We currently have 30 clinics in our network but our business has the potential to on-board more than 2,000 clinics. We are currently managing the entire operations manually and are in the process to develop a mobile app to streamline the operations. In order to generate revenue, patients as well as the clinics are charged 10-20% commission. In addition, clinics are also charged a yearly subscription fee. Our startup is yet to be registered. We are currently billing customers in the parent company's name. After raising funds, we would register the startup under a new legal entity. Founder of the business has 5 years of experience in software and healthcare industry. We have raised capital of more than USD 150K.
Micro-financing for patients to pay for medical services in installments specially for dermatology, dental and bariatrics.
8.1   Cairo
Run Rate Sales
USD 240 thousand
EBITDA Margin
30 %
Business Loan
USD 100 K at 12%
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FinTech Business Seeking Loan in Bangalore, India

Business having developed a taxation software used by over 1,500 users.
- Business having developed a taxation software, based in Bangalore. - The software is used by tax professionals and companies. It helps tax professionals to keep track of their clients financial records and the software directly computes tax amounts based on the information provided. - We charge a one time fee to a new client and an annual maintenance charge. - Have over 1,500 users of this software, out of which 350 are regular users. - We are looking to set up 5 new offices in Bangalore. - Physical assets include office setup. Office space is not owned by the business.
8.2   Bangalore
Run Rate Sales
USD 36 thousand
EBITDA Margin
40 %
Business Loan
USD 30 K at 12%
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FinTech Company Seeking debt capital in Singapore.

Debt capital - FinServices & Banking Group SG & PH. (open to Equity, M&A)
- Financial Services Group: Finance Corporation, Licensed Bank (under acquisition), Remittances, Merchant Acquisition (Card Services_ - Profitable/break even (not burning cash) - Proven business model (7 years) - Fully licensed (Singapore HQ, Philippines operating companies) - Rapid growth (doubling in size year on year) - Strong technology platform. - Strong SME borrower demand (large, underserved market) - Strong, experienced management team. - Investment into Singapore parent company, under Singapore law. - Quality investment opportunity (Equity, Debt, or Hybrid) - This profile is listed by an advisory company, and we are based in Singapore and are representing a company in Singapore & Philippines. - The company has high lending margins and can support high-interest Debt Capital payments. - Sales have increased this year compared to previous year due to the increase in loan portfolio.
8.7   Singapore
Run Rate Sales
USD 9 million
EBITDA Margin
40 %
Business Loan
USD 7 Mn at 16%
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  • How many fintech businesses seeking loan are listed on SMERGERS?
    There are 7 active and verified fintech businesses seeking loan listed on SMERGERS as of 19 April 2024.
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