MosMos is a platform that offers a safe and flexible way for customers in Africa to save for high-cost items, such as home appliances, electronics, and construction materials. The platform allows customers to save flexibly towards a future purchase, with no rigid payment schedules, making it an ideal solution for informal sector workers who face inconsistent income. MosMos works in two ways, with a B to C model where products are sourced directly from suppliers and sold on their ecommerce platform, and a B to B model where they partner with retailers to offer MosMos as a checkout option. The platform has already gained traction with over 4600 actively saving customers and a 46% return rate. MosMos aims to expand into other verticals, such as education and insurance, and improve the user journey for customers with incentives and better credit scoring options.
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#MosMosAfrica #SafeToBuySolution #FlexiblePayments #InformalSector #africa #Ecommerce
#FinancialServices #BridgingTheGap #HighCostPurchases #EmpoweringWorkers #SmartBuys #FutureOfFinance #InnovativeSolution #SaveToBuy #DigitalPayments #AfricanEntrepreneurship
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Startup Istanbul is a premier startup event that connects founders, investors, and executives in the region. The event brings together leading startups, internet companies, business angels, and venture capitalists from Asia and Europe to network and share their experiences. With a focus on digital-minded companies, ventures, and startups with global ambitions, Istanbul provides the perfect setting for this tech conference. Attendees will have the opportunity to network with the best founders, executives, entrepreneurs, and investors from all around the region. Apply now to be a part of this exciting event by visiting the Startup Istanbul website. Don't miss this chance to connect with like-minded individuals and take your business to the next level.
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