MyBucks
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MyBucks - overview
Established
2011
Location
-, -, Luxembourg
Primary Industry
Financial Services
About
MyBucks is a financial technology company specializing in providing innovative digital financial services, including domain name facilitation and secure transaction support for a global clientele. Founded in 2011 in Luxembourg, MyBucks focuses on facilitating domain name purchases and leasing. The company received its Growth funding of USD 8. 5 mn from TLG Capital on December 1, 2014.
CEO Terry Mudangwe leads the company, which has pivoted towards offering premium domain names and related services. MyBucks offers the premium domain name mybucks. com for sale at a fixed price of USD 33,500, or interested buyers can make an offer. The company specializes in the seamless purchase and leasing of domain names, ensuring secure payments and user-friendly processes to a diverse clientele, including businesses and individuals seeking a robust digital presence.
In 2019, MyBucks generated revenue of USD 26,560,855. 20, with an EBITDA of USD -19,904,519. 10 for the same year, primarily through the sale and leasing of domain names, providing a straightforward transaction structure for clients. Following the Growth funding received in December 2014, MyBucks aims to enhance its product offerings and expand into new markets.
The company is actively developing new digital solutions that are expected to roll out in the next year. The recent funding will be utilized to support these initiatives, particularly focusing on increasing its presence in emerging markets across Asia and Africa by 2025.
Current Investors
TLG Capital
Primary Industry
Financial Services
Sub Industries
Investment Banking, Credit Collections & Services
Website
www.mybucks.com
Verticals
FinTech
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
MyBucks - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Fair Go Finance Pty Ltd | - | ||||||||
| Add-on | Completed | Opportunity Bank Uganda | - | ||||||||
| Growth | Completed | MyBucks | - |
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