Join 6 others & invest in BuyBack Bazaar

Early Adoption Discount

  • 1st.

    First Tranche

    Shares will be sold at a 15 % discount

    $44,934 share value remaining

    $0.85 Price/Share

  • 2nd.

    Second Tranche

    Shares will be sold at a 10 % discount

    $100,000 share value remaining

    $0.9 Price/Share

  • 3rd.

    Third Tranche

    Shares will be sold at a 5 % discount

    $100,000 share value remaining

    $0.95 Price/Share

  • 4th.

    Fourth Tranche

    Shares will be sold at a 0 % discount

    $100,000 share value remaining

    $1 Price/Share

Minimum investment size 500 500

How much do you want to invest?
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Available for investment $344,934
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Price/Share before discount$
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Why BuyBack Bazaar?

Why invest?

We exist to solve problems of emergency funding in a quick and transparent manner that respects an individual’s dignity.

We are the World's First platform where retail shops enter live bids to BUY different categories of second hand items (like phones, laptops, gaming consoles, etc.)

Customers i ... see more.

Notable Press

We have featured in nearly 40 publications (https://buybackbazaar.com/press), most notably in the Reuters Accelerate SME portal where a video on us was published :-) . We also have a video testimonial from HE Paul Raymond Cortes, Philippines Consul General on our website (https://youtu.be/CbDE000Kesg) The Indian C ...see more.

The Investors

2 new
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The Team

Co Founder
Co Founder
Meet the Team

The Next Evolution of Pawn Broking! Our Exchange brings Shops together to disrupt the oldest form of Banking. Proven, Profitable, Easy!

Why BuyBack Bazaar?

We exist to solve problems of emergency funding in a quick and transparent manner that respects an individual’s dignity.

We are the World's First platform where retail shops enter live bids to BUY different categories of second hand items (like phones, laptops, gaming consoles, etc.)

Customers in need of funds visit our site, select their product and set a date till when they need the funds. They instantly get a price at which they can SELL their asset now and a price at which they can BuyBack their item anytime before their selected date. They then simply visit the nearest shop on the network with their asset to collect their cash. The shop manager confirms the condition of the asset, pays the cash and packs the asset in a tamper-proof package for storage

3 critical features make this platform a 'World-first'

1) Competition drives best customer value: Shops enter their highest price to buy and lowest profit margin to sell the asset back so customers ALWAYS get the BEST price on the network

2) Full Flexibility: Shops select assets where they have the expertise and can either invest funds and earn a very lucrative profit OR simply 'rent out' their services to other investors for a healthy fee. This ensures customers are always served by experts.

3) Powerful Network Effect: Customers visit ANY shop on the network to collect their cash. BuyBack Bazaar manages settlement between shops so every new shop joining the exchange makes the entire network stronger

We have successfully completed over 1,500 deals with very exciting results:

1) High customer repeat rate: 62% of our clients did more than 2 deals, of which a third have did more than 4 deals
2) Global appeal: Demand growing at 20% per month with 38 Nationalities served to date
3) Highly scalable model - Our platform is completely asset-agnostic and serve any market where products are standardized and have a vibrant secondary market
(gadgets, luxury watches, automobiles, boats, etc..)

Other features planned for 2019 include Inventory BuyBacks for Small Businesses and remittance services where customers send cash back home quickly and cheaply over the blockchain

We are looking for active investors with existing market depth and partnerships to help us scale rapidly in their areas of expertise (eg: Automobiles, Luxury Goods, Commodities and Real Estate). If this describes you, please contact us for a more comprehensive presentation deck with detailed financials and growth projections.

Notable Press

We have featured in nearly 40 publications (https://buybackbazaar.com/press), most notably in the Reuters Accelerate SME portal where a video on us was published :-) . We also have a video testimonial from HE Paul Raymond Cortes, Philippines Consul General on our website (https://youtu.be/CbDE000Kesg) The Indian Consul General Vipul also shared his appreciation of our work - this testimonial is on our website. In addition, in Dec 2018, we won the highly coveted Entrepreneur Middle East "Smart Fin-tech Solution of the Year" Award!

The Business

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Shops specializing in buying and selling of used assets (smartphones, laptops, cameras, watches, etc) enter their best prices on our App to buy these from individuals. They also enter their lowest monthly profit rate at which they are willing to sell these assets back to the same client

Individuals visit our Website to select their asset and confirm when they want to Buy it Back. Our system selects the HIGHEST price from all the shops with the LOWEST service charge and calculates the Sell and BuyBack price for the client in seconds

The customer can now visit the NEAREST shop on our network to sell their asset and collect their cash in minutes! BuyBack Bazaar manages the settlement between the shops so this process is completely transparent to the customer

Shops get significant value from this service
- Increase their customer footfall to cross-sell other products
- Leverage their existing store to generate additional revenue
- Have a new, recession-proof, line of business with a growing and loyal base of repeat customers

We have done 1,500 deals already with 62% of our customers doing more then 2 deals and a third of them doing more than 4 deals. We have served 38 Nationalities implying there is critical need across all regions.

We have now expanded from our home base in Dubai to 2 additional cities (Abu Dhabi and Sharjah) and plan to add additional asset classes such as Automobiles and Luxury Watches over the next quarter.

BuyBack Bazaar is a world-first fin-tech which has already started making inroads into the global pawn market, estimated to be a $3.5 trillion market growing at 5% per annum. Moreover, the loan market globally - estimated at $42.3 trillion (Source: SuperMoney, 2018) - has also grown 132% since 2012, with a jump in median values as well (Source: US Federal Reserve). This clearly highlights the growing indebtedness across the world and pressures on cashflows.

Interestingly enough, in our business vertical (Alternative Finance within Fin-tech), the composition of lenders is also rapidly changing, with Fin-tech now accounting for 30% of subprime loans issued in USA (Source: US Federal Reserve). Surprisingly enough, this massive market for collateralised credit (pawn) has remained pretty much under the radar for centuries now, which is why we feel this long-term opportunity has a lot of legs.

We also went out and did a few onshore surveys, and results from 3 of them in Dubai from Jun 2017 to Mar 2018 spanning 750 respondents earning less than USD 20,000 per annum indicate that:

1. 71% need funds to send back home, pay for medical & house rent.
2. Over 60% need loans for less than USD 820.
3. 65% need funds for less than 3 months, with
4. 70% depending on friends & family for short term loans.
5. 44% would sell their mobile phones, laptops & tablets for quick cash whilst 29% prefer to sell their jewelry.

Clearly the opportunity is not just for lower end gadgets, but for expensive items like cars, luxury watches, bulkier commodities (like steel, copper, rice), cameras, industrial machinery etc as well, so not only the range of products but also the demographic segment is wide.

There is a dire and global need for more efficient and transparent lending platforms to disrupt illegal and predatory loan sharks operating in many countries. These operators impose exorbitant compounding rates of interest that lead people into an increasing debt spiral - especially the financially vulnerable who have little or no alternatives.

Use of these funds is primarily for:

1. Digital marketing and go-to-market strategies (35%)
2. Growing team remuneration (40%)
3. Blockchain development (25%)

We are building up towards a Series A round in at most 2 yrs time where we will raise upwards of USD 3m to aim for a larger global rollout. We will be happy to offer your principal invested back to you at that stage so that the stocks remaining with you after you get your capital back will be pretty much "free"!

Another opportunity for exit - ideally through a strategic acquisition - is anticipated in 2023, after which our EBITDA scales up exponentially given the multiple product categories as well as cities covered by then.

All investors are always welcome to tap into the secondary market to sell their shares after giving a first right of refusal to the company. We would like point out this is a long-term business which will take 3 to 5 years to capture full potential. Investors should therefore be comfortable with a 5 year investment horizon for liquidity exits to yield significant multiples.

Public documents

The Investors

Early Adoption Discount

  • 1st.

    First Tranche

    Shares will be sold at a 15 % discount

    $44,934 share value remaining

  • 2nd.

    Second Tranche

    Shares will be sold at a 10 % discount

    $100,000 share value remaining

  • 3rd.

    Third Tranche

    Shares will be sold at a 5 % discount

    $100,000 share value remaining

  • 4th.

    Fourth Tranche

    Shares will be sold at a 0 % discount

    $100,000 share value remaining

0 - 10,000

Gold Investor
Gold Investor
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10,000 - 100,000

100,000+

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Financials

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