Makeba

The easy way to pay and send money in Africa
New York, 
NY
Investment type:
Equity
(Priced Round)
Target raise:
$99,750
 - $700,000
Minimum investment:​
$100
End date:
Oct 03, 2020
ended
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Highlights

  • Instant mobile payments with 90% lower fees than credit cards
  • Instant international remittance with 90% lower fees than cash agents
  • Product is fully operational in our first test market
  • Customer base growing by 75% per month
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.
Our Ambition

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 .