#Zazu meaning android
It should also provide sufficient capital to take us through to 2018, where we intend to raise a substantial Series A for nationwide launch.Įnsure we can hire engineers to continue work on the product (iOs, Android and Services Engineer).Īllow us to bring on to the team an experienced marketing manager and local CFO.Įstablish our sales team to take advantage of new customer acquisition channels. We expect that this investment will allow us to ship to ALPHA users and deliver the product to them. We want to establish Zazu as a trusted brand for affordable and transparent financial services. We have assembled a winning team and are developing an exciting product. Acquiring a banking licence will be dependent on raising significant further capital. We intend to acquire a banking licence, which requires an organisation to have $5 million in capital, after which we expect to be able to earn revenue from overdraft fees. We anticipate implementing this in Q2 2018, once we have issued and signed contracts with partners. We think customers’ data is incredibly powerful and we intend to earn affiliate revenues for referring customers to appropriate financial services (e.g. Subscription fees: We plan to charge a monthly fee of $2 to maintain the account. We believe there are 4 main sources of potential revenue for Zazu:Īccount opening fees: We plan to charge $2 to open an account.
#Zazu meaning free
We are working to make sure every adult can have a bank account in a hassle free manner.
![zazu meaning zazu meaning](https://vignette.wikia.nocookie.net/lionking/images/9/99/Lion-king-disneyscreencaps.com-639.png)
Seeing a problem worth tackling, the founders spent time looking at how banking could be made more accessible. The lack of bank accounts meant that payments to farmers were problematic and inefficient. In October 2015, Zazu started out as a digital marketplace connecting African farmers to local markets. We are currently in talks with a potential sponsor bank, with whom we hope that we would be able to expand to other African countries.
![zazu meaning zazu meaning](https://image.slidesharecdn.com/thelionking-140820075617-phpapp02/95/the-lion-king-5-638.jpg)
We are aiming to issue 100,000 accounts in Zambia before December 2018. It costs $2 to obtain a card, with a monthly subscription of $2. We believe our proposition is affordable branchless banking for Africa, via a banking app through offering unprecedented customer service. Zazu is developing a prepaid card with a companion app to offer a real-time log of a consumer’s spending & control on the card’s usage. We believe these high earners may be unhappy with the high cost of banking. Zambia has 16.6 Million people, with 1.2 Million adults in formal employment, 1.4 Million MSME’s & 2 Million emerging farmers. Born from Ignite Accelerator as an e-commerce platform for farmers, Zazu has now pivoted to become a 21st century bank for Africa, launching imminently to a waiting list of users.