Makeba Chief Executive officer Yamandou Alexander has announced its private launch on Wefunder where it will receive funds to start-up from investors.
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.
By launching on Wefunder, a crowdfunding service that connects startups with investors online, Makeba will be to access funds from investors.
The financial network funding platform has started off with accepting investments as low as $300, which is open exclusively to friends and family of the brand.
“As part of this private launch, we’re offering you discounted terms of 20% on the valuation up to $250,000 raised, if you can commit before July 13th,” Alexander said.
Alexander also said individuals could share the campaign with at least 3 friends and family members who may be interested when they launch to the public.
By cutting out the middlemen, Makeba transactions are able to move between the sender and recipient instantly. Without the need for credit cards, wire transfers, or cash.
Having no costly payment networks or slow third parties to deal with means the brand offers a better and cheaper service to its customers.
Makeba’s goal is for customers to pay for everything in their lives with Makeba – from sending and receiving remittances to buying groceries and shopping online.