The company currently specialises in the provision of managed services for global organisations in the retail and banking markets, offered on a platform-as-a-service (PaaS) basis.
In recent years, significant investment has been made into the development of a new fintech solution, which is centred on the provision of payment and financial services for a sizeable, underserved global market.
The fintech solution leverages innovative open finance and banking solutions to provide a truly unique product.
Having already overcome significant barriers to entry, implemented bespoke systems and developed a highly skilled management team, the shareholders are now seeking to sell the business to a party that is able to accelerate growth.
Key Highlights
- Led by a pioneer in the banking industry, backed by a highly experienced management team with expertise in growing fintech, SaaS and banking businesses, all members of which will remain in place, post-sale.
- Already established as a leading player within its current sector, benefitting from long-standing relationships with a number of major clients.
- The company has developed a revolutionary new fintech solution that has reached the point of commercialisation, with discussions currently taking place with large clients for rolling out the system in the near future.
- The system has been developed with international growth in mind, built for volume sales and supporting efficient expansion into new markets, whilst maintaining high profit margins, and with two major brands at contract stage.
- Startup costs absorbed and all structures already in place, meaning that the business has successfully overcome significant barriers to entry and is now in a strong position to increase profitability.
Financial Highlights
- Having undergone significant development, the company’s fintech offering has now reached the point of commercialisation, which is set to drive a rapid increase in revenue and profitability.
- Conservative growth projections see the business generating revenue of £89.43 million in year five, with an EBITDA of circa £28.8 million.
- Owing to its focus on an underserved market, the company stands to gain the first-mover advantage, ensuring that it will remain at the forefront of the sector and will continue to enjoy a high volume of recurring income.
- Addressable global market valued at £2.7 billion, with the company targeting an approximate 4% market share by year five.
