Brett & Brad Magrath (Zoona)

Name: Brett & Brad Magrath (Zoona)
Start: 2016-10-17T18:30:00+02:00
End: 2016-10-17T21:30:00+02:00
Location: Workshop 17

Oct 17, 2016, 4:30 – 7:30 PM (UTC)

Cape Town

Workshop 17, 17 Dock Rd, V&A Waterfront, Cape Town, 8002

Zoona helps people send and receive money when they need to most so that communities can thrive. Our core business is to build profitable agents that deliver exceptional customer service. in 2016, Zoona raised $15 Million in a Series B funding round.

In-person event

About this event

Zoona helps people send and receive money when they need to most so that communities can thrive. Our core business is to build profitable agents that deliver exceptional customer service.
Born in Zambia, Brad and his brother, Brett, realised that there was a tremendous opportunity to take a mixture of technology and entrepreneurial spirit to attract a committed team of employees to address the challenge of increasing financial inclusion in Zambia.
Following a challenging start the company was able to close a $4 million investment deal in early 2012.
in 2016, Zoona raised $15 Million in a Series B funding round.In the last 90 days 1.5 million Zambians and Malawians have sent or received over $75 million through Zoona 1,400 agents. Zoona has invested over $1,000,000 in working capital and liquidity services for agents, a strategy that has created almost 2,500 jobs.
Zoona was recently selected by the Unreasonable Group and the Nike Foundation as one of ten entrepreneurial companies leading wildly innovative startups that are positioned to benefit millions of girls in poverty. (www.unreasonablegroup.com)
Zoona operates in Zambia, and Malawi and SA and is building a Pan African business