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FinTech Company for Sale in New Delhi, India

For Sale: SaaS-based application tailored for fully automated lending with 32 APIs integrated.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 180 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries FinTech
Locations  New Delhi
Local Time 9:20 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 120 thousand (Native Currency: INR 10,000,000)
Reason: Selling due to lack of time and capital to run operations.
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Developed SaaS-based application tailored for a fully automated lending journey targeting individuals and MSMEs seeking loans from NBFCs.

- Created a fintech omnichannel software platform specifically for personal and MSME lending.

- Facilitating end-to-end automated lending processes, with a remarkable turnaround time (TAT) of 14 minutes for personal loans.

- Catered to MSME loans alongside personal loans, covering both secured and unsecured categories.

- Implemented direct selling agents (DSA) system and loan origination system (LOS) within the platform.

- Integrated 32 APIs for seamless partner collaboration and system interoperability.

- Generated revenue primarily through processing fees, acting as an aggregator for lending activities.

- Accumulated 20 years of experience in the fintech and banking sectors, ensuring robust industry knowledge and expertise.

- Emphasized familiarity with unsecured and MSME loans, highlighting the significant potential in the MSME lending sector, especially with the introduction of OCEN by the Government of India.

- Conducted pilots on the MSME segment, while the personal loan platform operates in stealth mode.

- Proposing a comprehensive technology stack transfer, including front-end mobile and web interfaces, SAAS LOS, DSA automation, call center, WhatsApp integration, and third-party API support.

- Committed to providing necessary technological support until the buyer becomes fully equipped.

- Total investment exceeding INR 1 crore rupees and nearly 2 years spent on development, demonstrating significant commitment and investment in the platform.

- Willing to transfer ownership at a reasonable cost to prevent shelving the platform, considering the bullish business model and positive growth trajectory of the lending sector in India.

- We were operational last year, but have shut down operations this year due to working capital issues.

Products & Services Overview

SaaS-based application tailored for a fully automated lending journey targeting individuals and MSMEs seeking loans from NBFCs.

Assets Overview

Assets include:

The company doesn't have any significant physical assets.

Facilities Overview

Company is registered in Delhi however, the back-end 50-seater office is in Raipur.

Sq ft area 7,000.

Rent per month is INR 45k.

Capitalization Overview

There are 2 shareholders in the company.

No loans or debts.

Self funded business.

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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