Fintech

listed by broker
Family, Payments, Education
Founded in
2015
Desired valuation:
Open to offers
Description
An allowance app and Visa card for families to teach kids and teens about good money habits. You and your child can keep track of what your child earns, saves and spends from your respective apps. Setup allowances and tasks, saving goals and see how the expenses can be categorised. Get a prepaid Visa card in two Northern and Central European markets.
Featured metrics
CAC/LTV ratio 5,7. Churn only 3%. CAC 27 EUR.
Selling details
Type of shares
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Reason for selling
I seek an exit to be a part of a bigger organisation, to leverage on advantages of large scale operations.
Preferred acquirer
Traditional banks, challenger banks, insurance companies, investment platforms.
Aspirations & growth opportunities
There is a huge potential for scaling our business. Especially if this business have other revenue streams which supplements MyMoniis.
Business details
Business model
Subscription revenue
Customers
3,300 (Families with kids aged 7-18 years. Primarily from 8-14 years)
Competition
Traditional banks solutions, Young money, Revolut Junior
Operational details
Technology stack
Google Firebase
Marketing spend
$ 0 spend currently (Organic, Facebook, Instagram, LinkedIn, TikTok, Youtube).
Performance tracking tools
Google Analytics
Financial details
Ownership structure
55% owned by founders, 45% owned by business angels.
Last month's revenue
$ 10 K
Last month's profit
0
Financial records
Annual P&L summary reports
Metrics
TTM revenue
$ 155 K
TTM net profit
$ 0
Based in
EMEA
Team members
3-5
Acquisition type
Full
Desired valuation
Open to offers
Message Owner
649ab5437f63180002377e19
Message Broker
649ab5437f63180002377e19