• 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

FOUNDERS:
Roble Musse
NUMBER OF EMPLOYEES:
1-10

TRACTION

REVENUE:
-

MOMENTUM

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

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