SBA Pre-Qualified: 11-Year-Old Mobile Payments SaaS | Top App Store Ranking | 90% Profit Margin | Lower Owner Workload

Founded in 2013 to address the lack of practical mobile payment tools within the early Stripe ecosystem, this SaaS business has become one of the largest and most well-known third-party payment apps, maintaining a top-ranking position in the App Store for more than a decade and processing over $900M in cumulative payment volume. What differentiates the business is its market-leading position, user-first experience, and impressive retention. The app has a compounding acquisition moat through App Store visibility and strong merchant reviews, with a user-first design that is optimized for mobile and in-person payment workflows, including Tap to Pay and portable checkout experiences. Over time, this has created a highly engaged merchant cohort with strong retention and recurring transaction activity. As a result, the business has scaled into a highly cash-generative platform, with approximately $1.7M in annual revenue and ~90% margins, while being single-owner-operated. Following accelerated growth between 2020 and 2023, the business has since stabilized on a durable revenue base. Looking forward, the business is well-positioned to benefit from continued growth in mobile payments and Stripe’s expanding ecosystem. Several clear growth levers remain largely untapped, including optimizing its onboarding funnel, enterprise and team-based functionality, pricing segmentation, SEO and content-driven acquisition, and more deliberate positioning around Tap to Pay and vertical-specific use cases, such as events and nonprofits. With strong margins, highly efficient operations, durable organic acquisition, and a deeply embedded position within the Stripe ecosystem, the business represents a unique acquisition opportunity in the mobile payments space. The founder is exploring a sale after more than a decade of operating the business and is seeking a buyer who can take the platform from a highly efficient, founder-led operation into its next phase of growth and product expansion.