The company has achieved several significant milestones, notably distributing over $1,000,000 in cashback to its users, indicating its success in delivering value. It has established a substantial user base with over 30,000 registered traders and maintains strong partnerships with more than 50 brokers. A high retention rate among traders further underscores the company's ability to foster customer loyalty.
Revenue generation primarily stems from retaining a portion of daily rebates received from broker partners, supplemented by income from platform advertisements. A crucial operational aspect involves the manual reconciliation of these rebates each day.
The company's growth in customer acquisition is attributed to effective pay-per-click advertising campaigns and a robust organic search presence, which have helped cultivate a dedicated community of traders.
The decision to sell the company arises from the founding team's shift in focus towards other ventures. Additionally, stricter regulations imposed by the founders' home country on trading-related activities have posed challenges to further investment and growth. Despite its current success and significant growth potential, these factors have led to the decision to make the company available for acquisition.
Flippa’s platform is free for buyers. Here are our tips for first-time buyers:
Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself, or use our new official verification and assessment service. We provide a deep analysis, identify hidden risks, and independently assess the value of the business. Packages start at $1,000. Learn More