FinTech Company for Sale in New Delhi, India
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 178 thousand |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | FinTech |
Locations | New Delhi |
Local Time | 1:25 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- 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.
The company doesn't have any significant physical assets.
Sq ft area 7,000.
Rent per month is INR 45k.
No loans or debts.
Self funded business.
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Earlier than 15 daysCXO, Edutech, Startup Consulting, Chennai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Real Estate Consultancy, Delhi, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Pune, M&A Advisor connected with the Business