Asking Price

0

Description

Profitable Mobile app with $6,000,000 in TTM revenue and $2,600,000 in TTM profit is an Africa-focused digital financial services company focused on providing savings and loans products to Micro, Small and Medium Sized Enterprises (MSME). We empower MSMEs to do and earn more via financial service products designed to suit their needs.

✅ $6,000,000 in TTM revenue

✅ $2,600,000 in TTM profit

✅ $630,000 in revenue last month

✅ $350,000 in revenue last month

✅ Raised $15,000,000 in funding

✅ Competitors: Float, Kuunda, Kudi

Tech Stack

AWS

Competitors

Float
Kuunda
Kudi

Growth Opportunity

There are 5.2m unique mobile money agents globally. Onango currently has access to over 800,000 in its 3 current markets, but is serving over 100,000 at the moment. This fundraise is to expedite the company's growth into 6 targeted markets over the course of the next 2 years, and fund the company's loan book to service all these agents.
Add new product features
Expand to new markets

Key Assets

Codebase and IP
Website
Brand
Marketing materials
Domain
Customers

# of Customers

10,000-100,000

Team Size

200

Trailing Twelve Months Revenue (TTMR)

6000000

Trailing Twelve Months Profit (TTMP)

2600000

Last Month's Revenue

630000

Last Month's Profit

350000

Categories

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