Investment Trading App Offering Gold-Standard Investments and Providing Access To Financial Education Resources

Offer Deadline:

Sold

Project Connect

Hilco is pleased to offer for sale the business and assets of a Fintech company (the “Company”) which has developed an App designed to simplify investing and aimed at millennials. The App allows investment into funds for as little as £30 making investing an accessible prospect for a wide audience. The Company has received funding of £5.2m since it was founded in 2019.

Business Highlights:

Investments: Offering curated selections of global diversified investments from leading asset managers.
Financial Education: Providing access to financial education resources.
Accessibility: Low financial barrier to entry providing access to a wide audience.
Technology: user experience developed user-friendly App.
Experienced Team: In both financial technology and wealth management.
Revenue: Multiple potential revenue streams from platform fees and financial educational subscription.

Available Assets:

Proven Technology: Developed open-source tech library with proprietary software and commercialised App.
Intellectual Property: IP portfolio encompassing trademarks and applications, proprietary software, domain name and website copyright, social media accounts and customer contracts.
Organisational Knowledge & Know-How: In-depth trade secrets and knowledge base integral to the development of the Companies’ technology and business.
Client Data: Details held on the Company’s current and historic client base.
Goodwill: The goodwill attaching to the business.

Sale Process and Further Information

Please also note that the subject firm is an ‘Appointed Representative’ (AR). The FCA have asked the principal firm to terminate its relationship with the AR by 21^st August and accordingly an urgent sale of the Company’s business and assets is being sought. Interested parties with a full FCA retail authorisation are preferred.

Please register your interest and direct any questions in the first instance to Yasmin Saadi, +44 (0) 7766 075798, [email protected] , Alexander Muir, +44 (0) 7593 562917, [email protected] and Roland Cramp, +44 (0) 7710 152668, [email protected] of Hilco, who will be able to provide access to a data room of further information on the signing of a confidentiality agreement and answer any questions you have at this stage. Terms and conditions related to the sale can be provided on request.