FinTech Business Investment Opportunities in Dubai

- 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.

- Mobile app that aggregates forex rates to offer an attractive exchange rate to the app users. - The app is owned and operated by an LLC registered in Dubai. - The application was recently launched with 5 exchange partners. Reached 1,000+ downloads on the Play Store. -189 registered users with 171 bookings since the soft launch on 20th June. - Users can compare forex rates offered by different exchange partners and block the best rates for 48 hours. - The money changers offer us an 8% discount on the exchange rates. - We will earn our revenue from this 8% margin. - Have seen a total conversion of almost AED 50,000 in one day. We are still not earning any revenue as we are passing the complete benefit of 8% margin to our customers. - The app users will not be charged any fees to use our services. - Our target market is the 13+ million annual visitors received by the UAE. - The application development and its maintenance are outsourced. - The company that owns and operates this app is debt-free and has two owners with equal ownership. - The investor will get a 7% stake in an SPV that will be created solely for this mobile application.