Description:

The company is a software solutions firm, focusing on mobile technology and digital transformation for its financial institution clients. The company primarily designs, develops, and deploys custom mobile enterprise software. In addition, the company provides various consulting services, as well as servicing annual maintenance contracts.

Key Aspects:

Diverse product suite and revenue streams, including a significant recurring maintenance segment representing approximately 40% of revenue in 2022.
Extensive intellectual property with a digital transformation & production-ready product suite, all developed by in-house teams.
Approximate 90% client retention rate, a result of superior customer service and inherent mobile banking stickiness.
Expedited client discovery & onboarding process, promoting an increased rate of leads developing into signed contracts.
Award-winning company, due in large part to the company’s knowledgeable and experienced staff.

Opportunities:

Capitalize on the company’s prepaid phone plan product, which has significant revenue potential. This product is targeted to the Caribbean and South American regions, which provides expanded growth opportunities due to the propensity of prepaid phone use.
Capitalize on the company’s extensive banking industry knowledge, and associated intellectual property.
Expand consulting services capabilities, as management notes there are consistently more available projects for this segment than the company can take on.
Formalize a strategic marketing campaign and sales team structure, leading to an increase in clients and expanded market reach.

Headquartered:

Canada

Current Markets:

The company primarily serves financial institutions, private lenders, finance companies, and trust companies. Its geographic presence includes the United States, Caribbean, and Central and South America.

Real Estate:

The company operates fully remote with no physical location being leased or owned.

Shareholder Ownership:

The company is equally owned by two active shareholders. They are seeking a strategic partner to capitalize on recent growth opportunities and take the company to the next level. Both shareholders are open to a variety of deal structures, including remaining with the company under new ownership.

Benchmark International

Benchmarks Exclusive Opportunities

FinTech Software Firm Specializing in Mobile Banking Solutions – BN000033549

FinTech Software Firm Specializing in Mobile Banking Solutions – BN000033549

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