Zazuu
Marketplace | Pan Africa
Zazuu is a money transfer marketplace
What they do:
Zazuu uses an automated program to interpret data across a range of platforms to identify the best market forex rates for customers. Users input their transfer needs (amount, origin, destination, fx) and Zazuu would aggregates offers from different providers.
Why we invested:
Most people do not know where they can get the best rates, and large established companies dominate the market with high single digit to low double digit transaction fees.
The Founder:
Kay Akinwunmi is the founder of Zazuu
No longer active:
Zazuu ceased to trade in mid-2023 and is now non-operational.