Fintech
listed by broker
Point of sale payments
Any
Desired valuation:
Open to offers
Description
A plug and play point of sale solution for one of the most popular payment gateways. Since 2015, the app has outperformed all other apps in the space and has deeply integrated itself into the ecosystem. The platform acts as a proxy, processing transactions on behalf of the merchants using the app while automatically deducting a 1-1.2% fee on each transaction. With over 116K total connected accounts and processing over $400M globally in 7 years.
Featured metrics
116K total connected accounts on the platform. Volume based, with an average revenue per transaction of $2. Year over year growth of 35% since 2017 (excluding COVID 2020).
Selling details
Type of shares
This is some text inside of a div block.
Reason for selling
Could be a combination of strategic partnership, de-risking by taking money off the table, or outright sale.
Preferred acquirer
None really but could be growth experts and strategic enterprise partnerships.
Aspirations & growth opportunities
The business has grown consistently over the last 7.5 years with little focus on SEO and other PPC growth channels. Most of the merchant acquisitions come directly from App Store search, with paid campaigns and organic terms.
Business details
Business model
Transaction fees, subscriptions and revenue sharing
Customers
60,000 (SMBs with a DIY tilt, already onboarded to a specific payment gateway)
Competition
Square, Clover, Lightspeed
Operational details
Technology stack
Stripe, iOS, Android, Rails, Ruby, Campaign Monitor
Marketing spend
$30,000 (Apple Search Ads, Adwords)
Performance tracking tools
Financial details
Ownership structure
Last month's revenue
Last month's profit
Financial records
Online reporting software/tools
.png)
