FinTech Company Investment Opportunity in Brisbane, Australia
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | Nil |
Run Rate Sales | USD 800 thousand |
EBITDA Margin | 40 % |
Industries | FinTech |
Locations | Brisbane |
Local Time | 6:54 PM Australia / Brisbane |
Listed By | Business Owner / Director |
Status | Moderately Active |
- We have recently partnered with a distributed commodities trading platform; in order for us to provide settlements to their clients without bank accounts.
- Currently catering to one client.
- Since we launched the product this year, the revenue generation started recently.
- We are always adding new features & revenue streams.
- Our revenue model is based on deposits in our network. The client will deposit the cash in our network and we generate revenue by charging interest.
- Around 10,000 transactions happen on a daily basis.
- The business has a financial regulatory license.
Versatile financial platform available on both iOS and Android, as well as accessible through its website. Functioning as both a mobile application and an internet-based service, the product facilitates seamless transactions globally. Notably, it extends its reach beyond digital channels, offering a phone network and SMS platform for users to deposit, transfer, and withdraw funds from anywhere in the world. What sets the product apart is its unique user-driven model, empowering individuals to act as virtual bank tellers for others, and fostering financial inclusivity by enabling convenient and secure financial interactions on a global scale.
Tangible- include only office equipment, tables, desks and laptops.
Intangible- Android mobile application.
IOS mobile application.
Web platform.
Proprietary technology.
Registered trademarks.
Relevant domain names.
Logo & branding.
The company has a main office in Brisbane, with employees & contractors working remotely around the world. It is a rented office.
- Self-funded through investments from our founder.
- No debt.
- 1 Shareholder.
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Earlier than 15 daysProprietor, Gurgaon, Commercial Real Estate Broker connected with the Business
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Earlier than 15 daysManaging Director, Delhi, Commercial Real Estate Broker connected with the Business
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Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with the Business