# MazumaGo Holdings

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mazumago-holdings

- Industry: Financial Services
- Headquarters: Victoria, Canada
- Website: www.mazumago.com
- Total disclosed funding: $0.7M
- Latest round: Seed (Mar 31, 2021)
- Investors on record: 3

## About

Based in British Columbia, Canada, and founded in 2018 by CEO Matthew Smith and CTO Nick Addison, MazumaGo Holdings Ltd. is a fintech company that offers ways to manage business transactions. In March 2021, MazumaGo Holdings Ltd. raised CAD 825,000 in seed funding, led by returning investor E-Fund, with participation from Luca Ventures.

MazumaGo Holdings Ltd enables users to send and receive payments digitally with no transaction limits and combines e-transfer with the stability and security of the banking system. The MazumaGo system integrates with the security systems and ensures bank-grade security for transactions every step of the way. The company allows adding multiple bank accounts, custom bank statements, direct bank transfers, online bank login, and automatic payment notification services.

The company will use the seed funding to invest in marketing and sales campaigns and hire additional business development and software staff.

## Funding rounds

- Seed, Mar 31, 2021, $0.7M — E-Fund, Luca Ventures
- Seed, Mar 1, 2018 — CFV Ventures

## Investors

- CFV Ventures (https://capitalatlas.ai/funds/cfv-ventures) — Seed
- E-Fund — Seed
- Luca Ventures (https://capitalatlas.ai/funds/luca-ventures) — Seed