Kwanji forex trading portal achieves 122% of equity funding lead by B&Y investor
It has been a very busy start to the New Year. We have a lot of investors on the lookout for good quality projects that need funding. One recent success story is our client, Kwanji – their equity campaign is now oversubscribed, lead by our investor.
Kwanji’s forex trading portal provides the options of ‘best prices’ (i.e. lowest costs) for forex transfers on a global basis. They are offering a 40% of fees-earned by the company as an introduction fee to its ‘Affiliates’ – namely, those people who have registered with them who have brought business to the company in the form of companies who actively use the portal.
There have been several exciting developments for our client Kwanji since the autumn. Two of our investors came on board, one a World Bank Senior Executive, injecting capital and taking an active role in business development. With our investors acting as leads, Kwanji was able to successfully raise £488,939 in an oversubscribed crowd funding round from 55 investors. They are now rapidly rolling out their Forex Payment Platform, which provides SMEs access to a comparison panel of major forex payment traders, providing fee savings versus local banks (especially in the Third World).
Our ‘ideal’ investor is the one who “adds more than money” to the business and in the instance of Kwanji this is very evident with both of them engineering a welter of new customers, improving access procedures, introducing a world-level new trader, while also streamlining the efficiencies of how the business is run. Their inclusion attracted two additional investors from the B&Y network.
Most recently Kwanji has partnered with the Global Management Challenge (GMC) in Kenya, “the world’s largest management and strategy competition”, to support their competitors with access to international trade experts and to provide financial services for SMEs. This dynamic new company is shaping up to be the emerging market B2B payment specialist of choice.