Innovative ETrading Platform SaaS - Has Accepted Offer

New York, NY (New York County)

Innovative ETrading Platform SaaS and Financial News Company
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Asking Price: Get Financing: $24,000,000

Cash Flow: $6,893,393

Gross Revenue: $68,200,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Innovative ETrading Platform SaaS - Has Accepted Offer

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Business Description

An innovative electronic trading platform software and financial news company is available for acquisition.

The company was just granted a contract (which starts in September) to provide their SaaS product for a major hedge fund that has 14 Billion AUM. The company will start to support 35% of the hedge fund with $300k monthly recurring revenue and by the time it gets to 100% the monthly recurring revenue will be $800k. This is in addition to the current revenue.

The Company offers a Markets desktop platform. This is a first of its kind, a revolutionary game changing online trading platform for various categories of investors that is obtained through the purchase of subscriptions and a smartphone mobile trading app, which allows individuals to invest in publicly traded companies and exchange-traded funds that are listed on U.S. stock exchanges. The company also provides a next-generation financial news analysis service, which provides access to information that was once only available to Wall Street elites.

The Company commenced operations after the partners purchased the rights of two offshore software development companies and since its inception, the founding partners have had a vested interest in the growth of this operation through its daily management.

With roughly 50+ developers at their disposal, they began to develop software for top financial hedge funds and brokerages.

The Company is an automated electronic market maker and broker specializing in routing orders, executing and processing trades in securities, futures and various other financial instruments as a member of electronic exchanges and trading venues around the world.

With its proprietary software to automate broker-dealer functions, the Company can integrate its software with an increasing number of exchanges and trading venues into one automatically functioning, computerized platform that requires minimal human intervention.

Detailed Information

Employees:
54
Competition:
The company has a unique fee system which is rare in this industry. Currently there is no active marketing in place. All business is from referrals.
Growth & Expansion:
An aggressive marketing plan can yield higher revenues.
Support & Training:
Negotiable
Reason for Selling:
Interest in other projects
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Contact the Seller

(from currently available funds)
 
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Sundeep Gill

Business Listed By:
Sundeep Gill

Synergy Business Brokers

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Sponsoring Broker:
Blake Taylor

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