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XAfricaMart.com Africa’s first escrow-enabled online business marketplace

Doing business with small business has its challenges. But now – establishing credentials, opening accounts, order and quality compliance, online fraud and theft and delivery defaults are a thing of the past!

XAfricaMart.com is Africa’s first escrow-enabled and product-focused multi-seller business marketplace that offers customers the security of receiving merchandise before the Seller is paid. Purchases are credited to the customers e-wallet. Customers accept release of payment to the Seller when they take delivery of their merchandise in good order.

XAfricaMart.com integrates advertising, sales, distribution and administrative functions – generating orders, invoices and reports and real time quotes for reliable and affordable distribution to over 22 000 street codes nationally. The service gives Sellers the ability to target channels in the supply chain, define minimum order quantities, product packaging and to direct different pricing levels to different distribution channels.  So – for example, a manufacturer can target wholesalers and retailers. 

We sell a range of affordable subscription upgrade services that include trade advertising, business matchmaking, sales leads and onsite display advertising and other benefits, ‘Nudges’ to Sellers on the basis of matched Customer purchase interests and we accrue a transaction fee on every sale from Sellers. 

Fundraising

This venture is seeking finance for their venture. Are you an investor? Check out the Pro Account to see the details.

Idea

We have an elevator pitch. We plan to execute a proven concept in a growing market.
We have an elevator pitch. We plan to execute a proven concept in a growing market.

XAfricaMart is a B2B Marketplace and sales and distribution channel that aggregates business product advertisements through the offer of a range of affordable subscription services . The business model is based on monthly annuity subscription fees as well as transaction fees from every product sale.

Team

Our founder has the business savvy and persistence to turn ideas into a company. We have a business network and can get introduced to the right people. We can build the product - our team has what it takes. Given the time and money, we can deliver on our promises.
Our founder has the business savvy and persistence to turn ideas into a company. We have a business network and can get introduced to the right people. We can build the product - our team has what it takes. Given the time and money, we can deliver on our promises.

Stephen Oehley – Founder, Yash Mantri – Financial Officer, Collin Visser – Technical Officer, Templar Wales – Digital Strategist


Product

We have a working product and you can request a demonstration. We have developed the product ourselves and own all of the IP for the product.
We have a working product and you can request a demonstration. We have developed the product ourselves and own all of the IP for the product.

We have a demonstrable product ready to launch

Revenue

We have a cash-flow prognosis. We plan to monetise our offering in the next phase.
We have a cash-flow prognosis. We plan to monetise our offering in the next phase.

We have an upgrade path for sellers and publish a monthly sector-focused trade ezine. The launch edition will focus on news and companies supplying the R 700 Billion Retail Sector in South Africa. All Seller Subscribers receive an advertisement in the ezine. Advertisements link to product pages at XAfricaMart. Our revenue streams include monthly annuity subscription fees, transaction fees on every purchase, fees from trade leads provided to sellers to 'nudge' buyers and planned Google Display

  1. Idea and Stage

  2. Team and Organization

  3. Market and Marketing

  4. Finance

  5. Investment

Team

Updates

More info