Here's the deck we used to raise over half a million from institutional early-stage investors and angel investors in H1 2021.
Zazuu.co is a new way to compare and send money across the border. Starting with Africa.
2. Africa is the most expensive
continent to send or receive
money in the world.
Money transfer experience for Africans is slow,
unfair and high fees (9% - 22%).
The problem.
3. What money
transfers currently
looks like.
Sending money cheaply is one hell of a
journey.
We search. We open 20+ tabs. We
compare. We visit providers website to
then realise the rates and fees they
advertise is a lie!
When all hope is lost, we resort to (illegal)
agents.
4. Send and receive money cheaply across
the border and access world-class
financial services.
Our solution.
5. Browse the most
competitive rates
With our powerful comparison engine,
every single customer knows the real
cost of a transfer and when their money
will arrive. We eliminate the unknown
hidden fees and the bias that works
against customers.
Launched in July 2020
Product.
6. One app.
Dozens of providers.
➢ Send money smoothly with dozens of
money transfer providers in one place.
➢ Save money and time on each
transfers.
➢ Unlock greater rewards and credits
whenever you send or receive money.
Coming soon
7. Manage all your money in
one, secure app.
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Travellers have immediate access to
local currency and a debit card.
Future state
8. So far, we’ve helped over 6,000 users...
7,240+
Hours
< 2%
£5M +
Reduced transfer
fees
Total transaction
value
Time saved
⏳
💸 🤑
9. Just like the founders, our customers are
millennials who send money regularly to Africa,
within Africa, and outside of Africa
Sending money to loved ones
is habitual and often
expected, even from younger
people who’ve just started
working.
People will frequently club
together with friends and
relatives across the world to
give financial support to those
getting married or organising a
funeral.
Many either set up, or invest
in businesses back home,
which regularly need cash
top-ups and financing that
the state can’t offer.
Friends & family Special occasions Business ventures
10. Opportunity
$52bn
$12bn
Migrants and businesses
send $52bn a year to Africa.
Money that must also be
managed locally.
We’re going after African
Millennials and GEN X who
send money across borders
upto 12x per year.
★ 475m people in the region will
be mobile internet users by
2025.
★ There are 36 million Africans in
the diaspora who are deeply
connected to home.
★ Due to Covid-19, there’s been a
surge towards digital adoption
of financial services in Africa.
11. How do we
make money?
We make up to $XX commision on
each successful referral.
We charge a X% on money
transferred via Zazuu
12. What we’ve done so far.
➔ Built Africa’s first money transfer
aggregator.
➔ Launched the private beta version as an
app and on web in Q3 2020
➔ 2,000+ customers and generating revenue.
➔ Secured the FinTech partnership and
licensing agreement.
➔ Part of the Google for Startups’ Advisory
program (SDG)
13. Our journey to becoming a
powerful force in the market.
Current state Next state Future state
✓ Price
comparison for
Africa
❏ World’s first
money transfer
marketplace
❏ Financial super
app for migrants
and Africans
14. Financial.
➔ In Y1, our business development
team will focus on securing
partnerships and core product
features.
➔ From Y2/3 there is a sustained
expansion of the marketing and
sales team to accelerate growth.
15. Our team.
Our team and advisors has a deeper understanding of the African
market and bring together decades of experience in building fintech
products, growth marketing, and regulatory compliance.
16. The ask and use of funds.
Pre-seed round of £XXXk via SAFE to lorem
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We’ve raised £XXXk from angels and notable
investors from the US & Africa.
Compliance & Licensing
Product development
XX%
XX%
Operations & marketing XX%