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Money Transfer Operator to the African UNBANKED - NO COMPETITION!


Project No: #19463
Capital needed
USD 1,450,000
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Minimum investment per investor: 500,000
Country: USA
State: California
Reason for needing Capital: Project Launch
Stage: Pre-Startup
Ideal Investor Role: Working partner
Highlights: Spent several years establishing a service that allows the Diaspora to send funds, online, to the mobile phone of a family member or friend. Lengthy licenses and approvals with extensive KYC/AML/CFT controls to pass Central Banks and FinCEN requirements.
Investor was in place - then we learned the investor was using "tainted" funds.
While all the banking and regulations have been a big task - we are actually a marketing organization. Revenues come from our customer in the USA/UK/EU
What you offer to investors?: We offer a strong percent of ownership of our corporation. Ideal investor would join us in operation.

There is No
Competition.  Launch brings $380 Mil
gross in 3 Years.  Online
Money
Transfer from the USA and the UK/EU to the 960 Million Africans Without Bank
Accounts!  




We have all International
and Central Bank licensing.




Metou (me-to-you) turns the mobile phone of any
African without a bank account - into a Debit Card – a Debit Card WITHOUT an
associated bank account.
 




Five years of work
with African Central Banks, international regulators, Bank Card processors –
created a special fund transfer service with full controls (Limited transfers
per month, AML, CFT and KYC per new Central Bank guidelines).




Launch is in
Nigeria:  World Bank states $10+ Billion
per year is carried into Nigeria by family and friends – our prospective
customers.  $15 Billion sent to bank
account holders.  Note: $25 Billion is
sent into Nigeria each year, which includes Western Union, MoneyGram,
WorldRemit, etc. 



Our partners in the
African countries provide the local Mobile Money services.




Projected $380 Million Gross is 3% of the $10 Billion
carried into Nigeria. 


Metou is a USA Delaware Corporation


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