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Security Type
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SAFE
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Min Investment
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$100
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Offering Date
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April 03, 2021
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Expected Close Date
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April 30, 2022
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Target Raise
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$50.00K-$250.00K
Company Description
Our powerful digital business transformation platform provides borderless ecommerce and mobile digital payments from anyone to anywhere worldwide -- a multi-trillion dollar opportunity that is ripe for innovation. We are starting with Africa one of the largest markets for mobile digital payments globally.
Key Deal Facts
World Class Team - Award winning serial entrepreneurs and pioneers in advanced mobile payments and social commerce
Successful Fundraising - Raised more than $2.7 million from leading VC and Angel investors
Product Launched - Operational in US & 3 key cities in Kenya, Africa with plans for 5 more African cities by end 2021
Exceptional Advisory Board - Founders & C-suite executives from technology, financial, logistics, hospitality & sports
Proven Platform - Team has deployed successful solutions with celebrities like Zendaya & companies like OfficeMax & HP
Next-Gen Tech - Advanced digital mobile wallet technology that supports any fiat currency & crypto (BTC & ETH)
Massive Oppty - Intersection of $21 trillion cross-border payments & $16 trillion global ecommerce markets
High Growth Potential - We are poised to capture a significant share of the US-Africa ecommerce & global payments market
Use of Proceeds
- %50,000 33.5% of our funding will go towards marketing both our product and the on going fundraiser 6.5% Will go to Wefunder for fundraising fee 30% will go to product development that include integration of advanced AI/ML and blockchain technologies, platform scaling, and further enhancements. 30% will go to product deployment and onboarding merchants, and signing up customers.
- $250,000 33.5% of our funding will go towards marketing both here in the USA and in Africa, which will include PR, online marketing, influencer marketing, and radio and TV ads. 6.5% Will go to Wefunder for fundraising fee 30% will go to product development that include integration of advanced AI/ML and blockchain technologies, platform scaling, and further enhancements. 30% will go to product deployment and onboarding merchants, and signing up customers.
Management Team / Advisory Board Bios
Moses Kusasira, CEO
Moses is a visionary & pioneer who was the first to deploy mobile POS payment solutions in the hospitality sector. From East Africa, he is a successful serial entrepreneur, who has raised millions of dollars. Previously with UPS, Expedia, & Agilysys.
Tommy Richardson, COO
Tommy is a C-Suite operational leader with experience in fast-paced startups. He has closed 6-figure sales with Fortune 500 companies. Prior to SMG, Tommy worked in management at the NBA and Agilysys, and is also a Walt Disney Company alumni.
Ed Hohmann, CTO
Ed is a computer software expert and serial entrepreneur. He has spent decades developing award winning software and leading multiple international teams that successfully deployed solutions at the largest companies in the world.