• FOUNDING YEAR: 2012
    LOCATION:
    United States
    REGION:
    WA
    Last Update:
    18 Oct, 2019
    Phone:
    +1 206-402-3669

Description

FOCUS

PRODUCTS & SERVICES:
Money transfer app-send money to African countires. The mobile app helps immigrants instant to transfer money to their home town.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Financial institutions
EXISTING PARTNERSHIPS:
Partnered with Banks, Wallet providers & Mobile operators Gulf American Bank, Safaricom, M-PESA, Airtel Money, Gulf African bank.
COMMENT
In Kenya, where CoinFling operates, over 70 percent of adults have a registered mobile wallet, using their cell phones to pay bills or buy groceries. Commpany plans to launch risk management software for banks.

PEOPLE

MEDICI analysts will analyze CoinFling soon

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$300 K
DATE OF LAST FUNDING:
2013
SEED & PRIOR FUNDING:
$300 K
SEED CLOSED ON:
Jul 2013
LISTED:
NO

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