A financial platform is set to enhance community growth with a series of new feature releases. These releases include a financial experts' blog and advice platform, a simple tool for submitting bank complaints, and a foundational business intelligence tool for financial institutions, all scheduled for April 2010. Additionally, the platform will launch in India, marking its first market entry, followed by a mobile application in May 2010. Expansion into the UK and Canada is planned, with dates yet to be determined.
Purchasing the platform provides access to user and entity portals, among other features, and includes six months of development support for content transition and feature enhancement. The development team is also open to employment on a salary basis.
With the current growth trajectory, the platform's future sale potential is promising, drawing comparisons to recent sales in the financial tech sector. This includes notable transactions such as a site sold for $550 million in 2010 and others ranging from $14.5 million to $205 million.
The business model leverages analytics, referral fees, third-party advertising, affiliate programs, premium services, and content-based advertising. The platform achieved significant traction with over 55,000 page views in its first month. Although Google Analytics is not used, traffic data from another tool is available for serious buyers upon request.
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 trusted network of industry-leading due diligence partners. They can provide in-depth analysis, identify hidden risks, and independently assess the value of the business. Learn More