Moja Ride is building a platform to facilitate how people get around in African cities through public transport. We help existing minibus operators join a digital shuttle service that facilitates commuting from home to work or school. The service comes with an embedded digital payment solution that uses the Moja Wallet’s physical and virtual Visa card to streamline payment. This is the first open payment network for transportation in Africa. We process about 800-1300 fare transactions per day. Our solution has potential because Mobile money services have been very successful in Cote d’Ivoire and created the awareness needed for our proximity payment solution to succeed. Our limited pilot has reached customer engagement as high as 60 transactions per month.
We are now backed by Toyota Mobility 54, Orange Digital Ventures, and Hatcher+ as investors. Local banks like Ecobank, BGFI, and Advans microfinance are our partners.
We’re proud to announce the 8 finalists for the 2021 VC4A Venture Showcase Seed track. These companies represent Africa’s best Seed investment opportunities today.… read more