All prices in USD
SaaS Listing
URL:
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Market:
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Last 12 Months Revenue:
$200,000
Location:
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Age:
7 Years
Last Month Revenue:
$20,000
Deal Type:
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Team Size:
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Customers:
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$100K - $500K
Summary
Technology
Competitors
WHAT IS ECHOFIN? Echofin is a communications platform for Financial Communities. It helps financial communities grow, discuss, share market ideas and monetize their content. What most communication platforms and tools fail to deliver, is the ability to offer users pay-to-access chatrooms and services without requiring effort from the team owners, such as integrating third-party services, and payment processors. This is where it shines. By providing a built-in billing and subscription mechanism, it streamlines this problematic subscription process and keeps a % revenue split on transactions. Users on the platform can purchase access directly from within the platform or from checkout links embedded into team creators' websites. Platform overview: https://www.youtube.com/watch?v=vgF7dkY8-NM Teaser: https://www.youtube.com/watch?v=O4PKpnacUHk -- SALE OVERVIEW This sale involves codebase assets, brand, software, clientele and user community, as well as registered US Trademarks. This is basically an assets sale. Being a pioneer in the Financial Trading communication space, we have a wealth of information, consisting millions of valuable datasets revolving around financial market conversations. The WallstreetBets phenomenon clearly demonstrated how user discussions and communities can set public sentiment, predict events or even move markets. All above, as well as successes and valuations of other companies which had valuable datasets on this same niche, help us determine the asking price. Moreover, all of Echofin's end users are retail traders having trading accounts to financial brokers. -- IDEAL BUYER This can be an superb opportunity for financial institutions, such as Brokerage Firms or Financial Data Providers, to gain access to these datasets and further increase growth through their existing sales channels, to extend the amount of data and/or monetize through various channels (existing or new). Technology behind the platform is phenomenal and platform can be extended to other industries and can compete with giants like Discord and Telegram. -- GROWTH OPPORTUNITY So far we only relied on WoM and grew organically. Amongst top #5 organic google search results on various search term combinations involving stock chats, conversations, forums. Shifting towards a B2C revenue model forecasts a huge revenue growth opportunity.
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Last 12 Months
Revenue:
$200,000
Profit:
Last Month
Revenue:
$20,000
Profit:
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201-1017 Fort Street, Victoria, BC, V8V 3K5
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