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Ovamba Solutions

www.ovamba.com

Fintech sector: TradeTech

Country of incorporation: USA

Year of incorporation: 2013

Team names, roles
and company contact

Mr Marvin Cole, Co-Founder & CEO

Ms Viola Llewellyn, Co-Founder & President

Mr Prashant Mahajan, Chief Technology Officer

Elevator pitch

Ovamba is a Technology company.  We innovate culturally attuned technologies to push growth for emerging market SMEs in the trade and commodities space. We use our innovations to provide short term capital and drive financial inclusion. Our impact on Africa’s ecosystem encourages financial literacy, financial inclusion and the transfer of generational wealth.

Problem solved

Access to financial services and capital for Africa’s trade and commodity export businesses

Solution / technology

  • Sharia compliant investment platform
  • mobile apps for fast easy risk assessment and approval processing
  • end to end business tools for SMEs to improve performance and execution risk
  • “Growth-As-A-Service™” for customers seeking funding to import goods (can be used by banks as well)
  • Commodity exportation tech tools & fund decisioning
  • “GPS” Growth Performance System – dashboard tech for the informal sector
  • Natural language chatbot for all customers seeking business and financial services in their own language
  • Ovamba-Jasmeera – retail investment crowdfunding platform

Competitive

  • Very few competitors have the full end-to-end offering from eCommerce inventory ordering through to warehouse servicing and liquidation
  • Few competitors can deliver the service in a multiple of African languages
  • Few competitors have created algorithms to measure African risk inclusive of ethnic and cultural considerations
  • Even few deliver a sharia certified compliant digitized product for the trade sector
  • Most FinTech solutions are focused on payments.  We are focused on trade
  • Trade in Africa is a $2.3 Tr opportunity
  • There are approximately 500 million SMEs that fit our market focus
  • World Bank measures business credit gap at over $360b

Market size

Trade in Africa is a $2.3 Tr opportunity

There are approximately 500 million SMEs that fit our market focus

World Bank measures business credit gap at over $360b

Relevant links

www.Ovamba.com

https://www.youtube.com/watch?v=Q0kbDe5yW6k

https://www.youtube.com/watch?v=78MJVTLFH_Q

https://www.youtube.com/watch?v=GxP7wEnoZZA

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