Are you a Business Owner?
Set up your Private Seller Account and create your listing todayGet Started Here
** Ideal investment for individuals with a consumer finance or trading/fund management background **
Fintech startup for sale - £500k - £1m (full or partial sale)
Financial Wellbeing Fintech service focused on improving the financial lives of UK employees.
Unique first-to-market product with early traction and blue-ocean market opportunity of 3m employees. In the HR/Employee Benefits space, Financial Wellbeing is the top focus in 2019 for employers.
- Pre-revenue (launching in Q1 2019)
- First mover advantage with service offering/product already developed
- Experienced co-founding team from technology and banking
- Total accessible market: 3 million UK employees
- Target very conservative 6% market penetration Yr3
- Delivering both a B2B and B2C model to reach early adoption
- Key strategic partnerships with industry participants in flight
- Launching Q2'19; expected to be profitable within 1yr of launch
- 2020 net profit of £1.8 million and 2021 net profit of £6.2 million
- Strong pipeline of other products (post launch of core product)
- Focused on initially penetrating UK market with overseas potential in 5 other target markets (inc US)
- Additional revenue opportunities from cross-selling
- Growth forecasts have excellent operating leverage due to low fixed costs
- Target min 10x valuation within 4 years (£80m exit)
** Further details and financial forecasts available upon request **
London. Can be relocated anywhere in the U.K.
Small office with conference room
U.K. market size well identified at 2 million with international expansion to 5 key markets (inc USA).
None. First to market.
Monday - Friday, business working hours.
If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.Sell Your Business