For sale is a B2B software platform product in the binary options market. The platform is sold to brokers (financial institutions, banks, forex brokers, binary brokers, binary start-ups) so they can offer binary options as a product to their retail clients. The pricing currently consists of a one time upfront fee plus a fixed monthly support fee.
After the purchase of the license, the company performs the integration work, which includes a unique design as well as the server setup. This process takes about 30 days. After that, the broker pays a monthly fee in exchange for technical support.
Highlights & Key Assets:
o Key asset is the software platform and all the code. The main benefit is that the work is done on it already and can be leveraged even further.
o Unique business model
o Market that has room for growth (not saturated)
o Low upkeep requirements
o Recurring revenue
o Product plan and full write up for a new version of the platform (which will allow for lower costs) will be included
Owner will provide blueprints for the next version of the platform, which would allow to create three different products: Institutional (for liquidity providers), Standard and Light (basically a SaaS version which would be cheaper). In general all those things can be done even with the current platform.
The field of Binary Options software providers is hard to get into without the product, but there is a lot of room for growth once inside.
Support and Training Period:
Full support and training will be provided. This is negotiable depending on your needs. The owner is committed to making it a success for a new owner. The team will remain in place for a new owner as desired.
Reason For Selling:
The owner has hit the point of personal burnout with the business. He understands that the company can be doing much better, because the technology is great, the brand is known and the industry has lots of money. However he has been in this field for the past 8 years and at this point has simply lost the motivation to take this business to new heights.
Sale Pending: No
First Seen: Wed, Jul 26th 2017
Last Updated: Thu, Jul 27th 2017