Fintech Web Development Outsourcer, 13 Years

Reference
SI-039
Sector
Software, IT & AI
Location
Vietnam (clients in North America and Europe)
Operating history
13 years
Status
Operating
Revenue
US$9.4M
Asking price
Not disclosed
Stake offered
75–100%
Deal type
Majority or full sale

Overview

Established fintech-focused engineering company with 300+ engineers, audited accounts and 90% of customers in Europe and North America.

Key facts and assets

  • Founded 2013; 300+ engineers; operations managed through automation
  • 90% of capacity serves fintech; 90% of customers are in Europe and North America
  • Revenue US$6.5M (2020), US$8.1M (2021), US$9.4M (2022); EBITDA margin steady at 25%
  • Audited accounts; payback of about 5 years; founders will support the transition

Who it suits

Technology groups, PE and VC funds and IT companies seeking fintech clients in Europe and North America.

Transaction sought

Sale of 75% or more of shares, depending on investor needs.

USD figures are indicative, converted at about VND 25,500 per US$. Figures come from the seller and are unaudited.

Similar opportunities

Buyers looking in this sector