Total of 18657 firms and businesses for sale today Friday 29th March 2024
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Sold. Investment Opportunity - Consumer Finance – Point Of Sale Digital Credit

LISTING DETAILS
Firms For Sale ID:
35102
Vendor reference:
2198
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Business opportunity:
Asking price:
£500,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
We are representing Cashsmiths Innovations Limited, a UK financial services technology start-up seeking initial seed funding for Cashsmiths™ - a solution that will shake up the domestic £1 trillion a year point of sale payments industry.
Cashsmiths™ enables participating Merchants to accept an alternative card-free payment method that incorporates consumer credit delivered seamlessly to the customer directly at the point of sale.
For Merchants Cashsmiths™ can:
• reduce payment transaction costs by up to 60%.
• increase revenues.
• enable new sales channels.
• create better purchase experiences.
• deliver incentives at the point of sale.
• deepen relationships with their customers.
The Cashsmiths network removes the need for centralised intermediaries such as the card schemes themselves, enabling operating efficiencies and reduced costs to be passed directly onto participating Merchants.
For Consumers Cashsmiths™ provides:
• a free, easy, convenient, safe and seamless buying experience when shopping online and in-store.
• flexibility to pay overtime for their most important purchases, on a schedule that fits their budget.
• A built-in reward system that provides cash-back, discounts, and other incentives with heavy use.
A copy of the Investment Deck is provided on request and we hope that you will consider this ground floor opportunity to join the co-founders with this Seed Round which is seeking to raise minimum gross proceeds of £500,000 via a placing of 5,000 New Ordinary Shares.