INVESTOR RELATIONS
Company
Founded in June 2022, ABBA Markets ("ABBA") is Africa's fastest growing Business Intelligence System (BIS) designed to advance trust, confidence, and transparency in cross-border trading and intra-state transaction across Africa.
Products and Services
ABBA's platform is a Centralized Autonomous System (CAS) designed to chronicle the accreditation of over 700 million individual sellers, SMEs and large enterprises, centered on its core website and a mobile application, providing relevant data to over 1.2 billion African consumers who spend over USD $2.1 trillion annually for them to make informed decisions on purchasing goods and services from all over Africa.
Business Description
The company is anchored on a diversified business model with its revenue generated from the Accreditation Subscriptions Products, Marketing Solutions and Sales Solutions.
Business Units
ABBA Payments
ABBA Payments is a premier Fintech company focused on developing multiregional and multicurrency rapid payment systems to serve the entire continent of Africa through its mobile app, ABBA Wallet.
ABBA Accreditation
ABBA operates its core platform, ABBA Accreditation, a powerful Centralized Autonomous System (CAS), designed to chronicle the authentication of over 700 million individual sellers, SMEs and large enterprises, centered on its core website and a mobile application, providing relevant data to over 1.2 billion African consumers who spend over USD $2.1 trillion annually for them to make informed decisions on purchasing goods and services from all over Africa.
ABBA Markets
The company owns and operates an e-commerce platform, ABBA Markets, which enables third-party sellers from all over Africa to sell new or used products on a fixed-price to buyers from all over the world. The company's ABBA Escrow, an escrow payment protection system, ensures that every seller on the ABBA Markets gets paid for the goods and services the seller has provided to the buyer and that every buyer receives the goods and services that the buyer paid for through ABBA Markets.
Growth Strategy
ABBA's tradition is rooted in the principles to provide unique approach to transform cross-border trading and intra-state transaction across Africa, serve all our customers with ultimate speed, integrity and respect, and help make a difference in the lives of the people in the market we serve, anywhere, in Africa.
Ownership
ABBA Markets LLC is a wholly owned subsidiary of the Delaware, USA incorporated and Los Angeles, California, USA based ABBA Platforms Inc., a privately-held company, whose shares are not traded on any public stock exchange.
Seed Funding
Seetek Investment, First Cascade Equity Partners, and SNR Capital.
Development
Project development and management by Cascadia Business Consultancy CC, Walvisbay, Namibia.