Previously operated as a finance provider for app development income streams but a platform suitable for other forms of digital receivables financing
The business developed and owns a unique bespoke software system that allows for automatic connection to app reseller billing platforms to verify client revenue calculations
Prior to the cessation of trading, the company had 25 active financing customers, generating income of $38k pcm
The business has explored licensing the platform to external finance providers including banks, media finance companies and specialist lenders. A number of these discussions have reached an advanced level
Operates from offices in the UK with subsidiaries in various jurisdictions, principally the US where the majority of lending operations were carried out
A strong brand and online presence
Bespoke software system which is suitable for licensing or re-entry into direct financing market which has received significant interest from the wider market
Opportunity to license product externally or to use as a platform for re-entering the previous lending market, including a number of live enquiries from potential customers
Highly skilled and qualified workforce including an industry experienced management team
Has obtained necessary regulatory approval to operate in the US
Let us know if you're interested in this business:
Interested parties will be required to sign a nondisclosure agreement (NDA). Offers with supporting proof of funding are required by close of business on Monday 29th January 2018.
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