Makeba

Makeba

Easier payments and remittances for emerging markets

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Min Investment
$300
Location
New York, NY
Offering Date
July 17, 2020
Expected Close Date
October 15, 2020
Target Raise
$99.96K-$699.84K

Company Description

Makeba is a new financial network that combines money transfers and payments into a digital ecosystem that is highly secure, lightning-fast, and very low-cost.

Customers and businesses transact securely and instantly without cash or credit cards using only their smartphones.While the opportunity is global, Makeba is first targeting Africa where the demand is high and our team is experienced.

In 5 years we hope to be operational in all African countries as well as countries with sizable African diasporas, primarily western-Europe and the US.

Our objective (which cannot be guaranteed) is to secure 9 million subscribers and $1 billion in revenue by 2025 .Given the Company’s limited operating history, the Company cannot reliably estimate how much revenue it will receive in the future, if any.

Perks

Invest $250+ for
$500+
$1,000+
$10,000+
Invest $250+ for
$500+
$1,000+
$10,000+

Key Deal Facts

Faster and 90% cheaper than competitors
Customer base growing 35% per month since January launch
CEO with decades of experience building technology projects in emerging markets
Fully operational and outperforming in first West African market
Long stagnant market primed for product that's easier to use and with faster service

Management Team / Advisory Board Bios

Yamandou Alexander
CEO
Serial entrepreneur and philanthropist with decades of experience building technology and infrastructure projects in Africa.

Adriana Henriquez
Chief Operating Officer
Adriana holds over 18 years of experience in scaling startups through strategy, operations and business development. Following on 18 years of experience, she oversees operations, risk management, compliance, and governance for Makeba.

Hernidia Tavares
Cape Verde Country Manager
Hernidia is responsible for customer acquisition, marketing and business partnerships in our pilot market of Cape Verde. She has extensive experience in marketing and sales for consumer products and telecommunication companies in Cape Verde.

Mayoro Diagne
Technology Project Manager
Mayoro has over 15 years of IT experience leading major governmental projects with large social impact. He leads the development and technology team at Makeba.

Erik Jarlsson
Chief Creative Officer
Erik has over 20 years of experience creating innovative design solution for startups and Fortune 500 companies in the US and Europe. At Makeba Erik leads the UX/UI design and oversees branding initiatives.

Dana Endundo Ferreira
Market Director, Europe
Dana is over 14 years of experience in Marketing and Digital Strategy, including for Citibank and The Bank of New York Mellon. Dana leads Makeba's customer acquisition effort in Europe.

Fatim Sow
Chief of Staff
Fatim comes to Makeba with over 15 years of experience in new product development, marketing and entrepreneurship in consumer products. At Makeba, Fatim is involved with business development initiatives.
Amount Raised : $2,961,560
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