OnDjoss App Sets its Sights on Central and West Africa
OnDjoss, a Cameroonian startup that introduced an instant messaging app with a unique feature enabling inter-operator mobile money transfers, is gearing up for expansion after experiencing robust uptake in its home market.
Established in March 2022, OnDjoss has created a messaging platform incorporating several innovative features, with a pivotal payments feature going live in August.
With an impressive 300,000 downloads to date and the facilitation of substantial money transfers, CEO and Co-founder Kenyo Valdo highlighted the OnDjoss app's acclaim for its efficiency, security, and user-friendly interface.
Valdo expressed the company's eagerness to extend its reach and establish dominance in the local market, emphasizing plans to integrate banks into the platform to broaden the spectrum of financial transactions.
The startup's focus now turns toward expansion into Central and West Africa.
To fuel this growth, OnDjoss, which monetizes through transaction fees, is actively seeking investment.
Valdo stated, “The demand for easy and secure money transfer solutions is rapidly growing, and OnDjoss is poised to capture a significant market share with its innovative approach."
In its pursuit of EUR 870,000 (US$950,000) in seed funding, the company aims to channel the funds into marketing initiatives, technological enhancements, and strategies to penetrate new markets, ensuring its continued success and the development of additional features for its platform.
Tom Jackson / Disrupt Africa