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    American FinTech Company

    Description

    L#20230451

    Fintech refers to the integration of technology into offerings by financial services companies to improve their use and delivery to consumers.

    Company bridges the gap between Cryptocurrency/DeFi and legacy finance.

    Company’s B2B white label allows companies to issue branded cards that enable their customers to spend crypto using a more familiar method. The white label is currently used by 25+ Web3 companies and acts as the critical infrastructure servicing bank accounts and cards globally. Proving product viability, the flagship

    Company card provides 50K active users a way to easily buy and spend crypto; this product also allowed the company to bootstrap to 8-figure ARR thanks to its proprietary, automated crypto-to-fiat liquidity platform.

    Keypoints

    • White label partners do all marketing
    • White label partners: 20+ organizations
    • 50K active Company Card users
    • Live in all 50 US States, the UK and 26 EU countries
    • Rolling out LATAM countries
    • Program manager for VISA, AMEX, and Mastercard

    Revenue

    2023F: $20M
    2022: $10M
    2021: $19.9M

    Basic Details

    Target Price:

    $25,000,000

    Gross Revenue

    $10,000,000

    EBITDA

    TBA

    Business ID:

    L#20230451

    Country

    United States

    Detail

    Business ID:L#20230451
    Property Type:Financial Services
    Property Status:For Sale
    Target Price: $25,000,000
    Gross Revenue:$10,000,000
    EBITDA:TBA
    Target Price / Revenue:2.5x
    Target Price / EBITDA:25000000x
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      Published on April 12, 2023 at 7:00 am. Updated on December 2, 2023 at 2:43 pm


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      Fintech refers to the integration of technology into offerings by financial services companies to improve their use and delivery to consumers.

      Company bridges the gap between Cryptocurrency/DeFi and legacy finance.

      Company’s B2B white label allows companies to issue branded cards that enable their customers to spend crypto using a more familiar method. The white label is currently used by 25+ Web3 companies and acts as the critical infrastructure servicing bank accounts and cards globally. Proving product viability, the flagship

      Company card provides 50K active users a way to easily buy and spend crypto; this product also allowed the company to bootstrap to 8-figure ARR thanks to its proprietary, automated crypto-to-fiat liquidity platform.

      Keypoints

      Revenue

      2023F: $20M
      2022: $10M
      2021: $19.9M

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