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Banking Industry Need Loan
Location: Switzerland
Industry: Business Services > Financial




Business Summary

Our Silicon Valley tech company seeks funding of US$5million to complete various Fintech projects.

** *OPPORTUNITY ***
To take international, firstly via Switzerland, Sidsoft Technogies Private Ltd (www.sidsoft.in)

This is a software, hardware and Information Technology company in Asia.

It provides apps, core banking solutions, all software for banks and Fintechs.

The company has reached ''critical mass'' in Asia, therefore it must expand outside of Asia by re-incorporating (for tax expediency) and opening a new global headquarters in Switzerland (for marketing purposes) given the thousands of banks, investment companies, Fintechs, foundations, trusts etc. in Switzerland


* *COMPANY HISTORY*
Sidsoft has been in business for 26 years. It's clients are over
400 banks and 25 other financial institutions including the Central Bank.


** *USE OF FUNDS***
From the new international headquarters in Switzerland we will offer current as well as new, state-of-the-art,
highly demanded, products and services, such
(1) data analytics
(2) big-data optimization
(3) sub-contracting of traditional ancillary services such as
(a) accounting
(b) compliance
(c) cyber-security
(d) mergers + acquisition advisory
(e) Chief Technology Officer, Chief Risk Officer professionals
(f) risk management
(g) bank analytics used by board of directors, bank auditors, bank tax experts

And several other initiatives within a dozen other profit-centres within Sidsoft, such as :

(1) enterprise resource planning (ERP)
(2) healthcare
(3) mobile device services
(4) transportation
(5) education


*FUNDING STRUCTURE*
Funding may be via a loan, other debt instrument or equity in the Swiss entity, with specific terms to be agreed upon.


*CROSSFERTILIZATION OF EXPERTISE + EXPERIENCE*
All patents, processes, research+ development, etc that are conceived, created, developed and customized in this entity are utilized in other entities in


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $1,000,000
Cash Flow:   $1,000,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2020
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned

About The Sale

Management Training and Support:  Yes




Print Listing Id: 700382157


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