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FINZOOR

FINZOOR

USA, New York
Market: Financial services
Stage of the project: Prototype or product is ready

Date of last change: 22.09.2019
Min investment
$  100.000
Show contacts
Total required
$ 200.000
Rating
equalizer из 1000
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Idea

FINZOOR: THE FIRST TRAVEL FINTECH offers the opportunity to trade, invest and sell the travel packages!
Everybody knows that buying in advance a summer holiday in December, you can buy it with a 40%-60% discount;
We have started up an online platform where investors can buy/invest in holiday packages and also promote and sell them to different end-customers.

Current Status

The project has been finished and we are working to contracting the offers to be posted on our platform.
We are in a quality contact with the travel industry.
We already have 3 contracts and offers.

Market

FINZOOR has three types of customers:
A. Small Investors:
- Investing budget: $500-$10.000
- They don’t like high risk
- They want a higher return than bank deposit
- They have low investing skills
- They like short term investments
- They don’t have trust in brokers or other intermediary
- They have a low-level knowledge about investing vehicles

B. Large Investors: they are already investors on capital market;
C. Retail end-customers: people which is going to buy travel packages for family and personal use;

Problem or Opportunity

FINZOOR: THE FIRST TRAVEL FINTECH offers the opportunity to trade, invest and sell the travel packages!
We have created FINZOOR platform in order to give the opportunity to simple people to access a better life.
The idea is simple: If you buy a holiday package in December for August, you can buy it with 50%-60% discount. We created a platform where simple people can transform them in investors buying more holiday packages in December and sell them up to August with a huge profit (20%-35%).
FINZOOR is an online platform where investors can buy/invest in holiday packages and also promote and sell them to different end-customers.
FINZOOR brings huge benefits for travel industry because FINZOOR offers the opportunity for an advance payment for a hotel or airplane company.
a). Existing investment vehicles (bonds, certificates of deposit, stocks, futures, annuities, exchange-trade funds, treasury inflation-protected securities, options, gold, collectibles, real estate, etc.) are very complicated investment products and, in order to be investor, you need a high level of capital market knowledge and skills.
b). In order to be a player on capital market you have to have a certain level of savings.
c). Current investment vehicles: high risk, low returns, need high skills, need high income, long term, low cashable, need an intermediary, high understandability.
d). A large segment of population with low savings (up to $10.000) has no investment solution. Cummulated savings of this segment is much higher than the larger investors.
Target Market
FINZOOR has three types of customers:
A. Small Investors:
- Investing budget: $500-$10.000
- They don’t like high risk
- They want a higher return than bank deposit
- They have low investing skills
- They like short term investments
- They don’t have trust in brokers or other intermediary
- They have a low-level knowledge about investing vehicles
B. Large Investors: they are already investors on capital market;
C. Retail end-customers: people which is going to buy travel packages for family and personal use


Solution (product or service)

FINZOOR: THE FIRST TRAVEL FINTECH offers the opportunity to trade, invest and sell the travel packages!
Everybody knows that buying in advance a summer holiday in December, you can buy it with a 40%-60% discount;
We have started up an online platform where investors can buy/invest in holiday packages and also promote and sell them to different end-customers.
We create a totally new and revolutionary Financial Investment Vehicle which maximizes the positive characteristics:
- High predictable risk factors
- High Returns 20%
- Basic Skills Needs
- Low Income start with $500
- Short Term 6-12 months
- Highly Cashable
- Easy Online Platform
- Direct Online Platform
- Easy to understand the vehicle

Competitors

FINZOOR: THE FIRST TRAVEL FINTECH offers the opportunity to trade, invest and sell the travel packages!
There is no competitor.

Advantages or differentiators

FINZOOR: THE FIRST TRAVEL FINTECH offers the opportunity to trade, invest and sell the travel packages!

Finance

2020
Sales: $46.400.000
Revenues Generation (next 12 months):
Selling the Travel Package to the Investors (20% of Sales): $9.280.000
Fees for Selling the Travel Package to Customers (1% of Sales): $294.000
Advertising Fees: $ 70.000

Total Revenues $9.644.000


Cost Structure
Wages
3 persons: $317.000
Marketing 2%of Sales: $946.000
Building the platform: $ 45.000
Sales Expenses 10%of Sales: 4.640.000
Office: $120.000

Total Expenses: $6.068.000

Cummulated Gross Profit: $12.934.000

Business model

Sources of Revenues:
A. Selling the Travel Package to the Investors
We can buy the Travel Package with a 40-60% discount. The margin is very generous considering that the investors are happy with a 20% ROI.
B. Fees for Selling the Travel Package to Customers
When the Investors sell a travel package on our Platform we have a transaction fee.
C. Advertising Fees
Some of the investors may choose to advertise their travel portfolio on our platform in order to be sold faster. The Platform will follow the Amazon’s model.

Money will be spent on

Investment: $200,000 for 30% shares
Investment Split
- Building the platform 10%
- Marketing 40%
- Sales Expenses 40%
- Others 10%

Offer for investor

Investment: $200,000 for 30% shares

Team or Management

Risks

We have no important risks.
With a great and quality effort, the team can build a great success business.

Incubation/Acceleration programs accomplishment

none for the moment

Won the competition and other awards

none

Website address

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Website address