# BezoMoney

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bezomoney

- Industry: Financial Services
- Headquarters: Accra, Ghana
- Website: www.bezomoney.com
- Total disclosed funding: $0.3M
- Latest round: Seed (Apr 14, 2021)
- Investors on record: 2

## About

BezoMoney is a digital solutions company focused on enhancing online presence and user engagement through innovative services such as website hosting and e-commerce solutions for businesses of all sizes.Founded in 2019 and headquartered in Accra, Ghana, BezoMoney provides a platform aimed at improving online business functionality. The company has raised a total of USD 200,000 in Seed funding, led by GOODsoil Venture Capital, as of April 2021. The CEO and founder, Mubarak Sumaila, has not previously founded other companies, and there are no mentions of subsidiaries or significant business pivots.BezoMoney specializes in delivering innovative digital solutions that enhance online presence and user engagement. The company offers a versatile platform for website hosting, content management, and e-commerce solutions tailored to businesses of all sizes, allowing users to develop and manage websites with minimal technical expertise. Their services address common web development challenges such as ease of use, scalability, and reliability, serving a diverse customer base across North America, Europe, and Asia.BezoMoney generates revenue through a subscription-based model, allowing clients to select from various pricing tiers according to their usage levels. This structure ensures a consistent income stream as businesses pay for access to the platform's features on a recurring basis. Clients typically sign up for monthly or annual plans offering different levels of service, with opportunities for additional revenue through premium features and add-ons such as customizable website templates and advanced analytics tools.In April 2021, BezoMoney raised USD 200,000 in Seed funding, which will be utilized to acquire a Payment and Financial Technology Service Providers (PFTSP) license in Ghana. The funding will also support the development of new products, including BezoCredit, an interest-free credit product, and BezoInvest, an investment product to facilitate user savings. The company aims to grow its user base, expand its team, and scale operations across Ghana, enhancing its market presence.

## Funding rounds

- Seed, Apr 14, 2021, $0.2M — GOODsoil Venture Capital
- Seed, Aug 21, 2019, $0.1M — MEST

## Investors

- MEST (https://capitalatlas.ai/funds/mest) — Seed
- GOODsoil Venture Capital (https://capitalatlas.ai/funds/goodsoil-venture-capital) — Seed