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- RE: High Growth High Profit Fintech Company For Sale
- Contact: Rick Carlson
- License #: 1820673
Quick Facts
| Asking Price: | Not Disclosed | |
| Annual Revenue: | $10,000,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $2,500,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2017 | |
| Employees: | 20 | |
| BBN Listing #: | 985578 | |
| Broker Reference #: | 1351 FINTECH |
Business Overview:
The Company offers a fintech platform providing cash advances, credit-building tools, and a secured card to help users manage their finances. Designed for scalability, it incorporates controls to manage risk and fund flow. Its vision is to provide flexible, cost-effective credit options compared to traditional cards, enhancing financial literacy and inclusion among underbanked populations. Through iOS and Android apps, users can access credit-building tools, cash advances, and personalized secured accounts. The platform offers flexible terms based on individual income and spending, instant transfers, and leverages automation to reduce costs, eliminating fees for overdrafts, insufficient funds, or late payments. Profitable for four years, the company reports over $5.0mm in monthly originations, $1.2mm in monthly subscription revenue, 15.0% month-over-month growth in 2024, and a revenue run-rate exceeding $10.0mm annually.
Confidentiality is a concern for the Seller as he seeks just the right buyer, and so the location information provided in the ad is that of the broker, and not of the Business. Business location and name will be shared once a qualified Buyer prospect is vetted.
NDA is required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
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Property Features and Assets:
Per CIM
Market Competition and Expansion:
Competition: This fintech company stands out with a profitable model, a strong focus on empowering underbanked users through credit-building tools, and a best-in-class non-payment rate supported by proprietary underwriting processes. Operating in a niche market, it offers a secure and diversified investment appeal, combining growth potential with stability for investors.
Growth & Expansion: The Company has achieved significant growth through innovative financial products, driving strong user adoption while maintaining industry-low non-repayment rates. With a focus on scaling operations, enhancing margins, and expanding product offerings, it is well-positioned for sustained growth and market leadership.
Reason for Selling:
TBD if structure and terms are acceptable.Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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