Invest in an established niche player in one of the world’s strongest card payments marketsThe Business
The Company’s business is to capture, route, store and transmit financial information from a proprietary POS machines network, and provide loan management, payment reconciliation, and other business related to debit and credit card processing as an authorized “sub-acquirer”.
The Company is a tested and approved operation and is expanding in the very promising and attractive payment gateway market.
Market
By 2013, Brazil will be the world’s third largest country for card transactions and the fourth largest issuer of cards. The demand for specialty payment gateway providers in Brazil is strong but there are still pockets of inefficiency in regional markets; for instance, small retailers, employee associations and employee benefit managers are overlooked by the main acquiring networks. A niche player has the opportunity to offer cost effective, top-quality service to regional stores eager to gain and secure loyalty from their own customers, and to benefit managers who look to optimize service to their beneficiaries.
The Company is seeking a second round of venture financing.
Sector: Financial ServicesSegment: Payments ProcessingRegion: BrazilFinancing Size: $5m to $20mContact: Carlos Lichy
Company: Rede Midas.netTelephone: +55 11 7890 3493Email: [email protected]