Entrepreneurship (digital and beyond) has been a topic with increasing prominence in recent years. But, to be able to raise the bar of an idea / project / company ... many entrepreneurs are limited by lack of funds. It was this problem that Deya promised to solve at the time of her launch in 2017.
Practically 3 years later, Angolan startup Deya came up with news that could make the platform grow: in its first round of pre-seed financing, Deya managed more than $ 50,000 USD (exact amount not disclosed) with a group of angel investors.
A Deya is the first crowdfunding platform, designed for the PALOP (with a focus on Angola), whose mission is to help boost access to finance for causes of social impact and subsequently entrepreneurial projects, becoming the quick and safe meeting point between fund-raisers and funders / donors.
In a statement sent by the Deya team, it is detailed that the investment will enable the startup to improve the development of its platform in the coming months, to be more robust and with a better experience for users, as well as to implement its business model, thus starting generate revenue to drive your growth.
"I am very excited about the success of this financing round, as it lasted almost a year until we closed negotiations with investors for this round. This pre-seed financing is important because it will allow us to develop new intellectual property for the platform and expand Deya's offer so that its users (individuals and organizations) can get the most value possible, and thus enable greater growth exponentially the platform.”Reveals Bantu Makers co-founder and CEO of Deya, Vanda de Oliveira.
How much has Deya managed to raise so far?
Since its launch, more than Kz15,000,000 have been raised through Deya for social impact projects. The startup, which currently operates in the donation and reward models, is also already designing the implementation of the equity (capital), to be launched later this year, to allow innovative businesses and SMEs to raise funding through this collective financing modality.
The Deya team also shares a study of the World Bank (2013) which realizes that there is an opportunity for more than 344 million people in emerging countries to participate in crowdfunding services, and the African continent has a market potential of $ 2.5bn by 2025.
Dominate Sub-Saharan Africa for the next 5 years
Deya's expansion plans were revealed by its CEO, Vanda Oliveira, who made it clear that they intend to be a reference in the next 5 years.
“The beauty of crowdfunding is that individuals, companies and organizations can raise funds without the intermediation of banks or other traditional financing institutions and in this potential we are working to become the reference platform in this sector for sub-Saharan Africa in the next five years . This financing is the first phase to enforce this objective ” - Vanda de Oliveira.
