Hi there, a) What is your most recent monthly burn rate? b) What is your most recent monthly cash on hand? c) Are you raising a parallel angel or VC round simultaneously? If yes, who is investing in this round?

Hi Teddy, I am glad to hear from you. Below are answers to your questions: a) Our current monthly burn rate is between $15,000 to $20,000. b) Our most recent cash on hand is about $52,000 c) We are raising through angels in this round but are also looking for VC. I hope I answered your questions. I am here to answer any other questions you may have. Bisi

How do you compare with Wise?

Hi Michael - thanks for your interest in Orokii. We differ from Wise by providing no-fee transactions and a competitive Foreign Exchange (FX) rate. Also, using our App, you can send money domestically and internationally. Domestic transfers are forever free. Finally, we deliver payment to destination locations in most cases within a few seconds to minutes. Hence, fast delivery and zero transaction fees are two main ways we differentiate ourselves from Wise. I hope this helps answer your quest...

Orokii Updates, Team, and Funding Progress | Wefunder, Home of the Community Round

Over 3K installed Apps since launch with more than 500 active users.

Over $150K transaction volume since December 2022

Experienced team with finance and banking backgrounds from Goldman Sachs and Deutsche Bank.

Received seven money transmittal licenses and counting.

Partner with Facephi, Checkbook, Tempo, Terrapay, Flutterwave, Stellar, TANTV, Payaza, and Plaid.

Positioned to disrupt the fast-growing $749B remittance market.

Orokii

Making money transfers ridiculously cheaper and faster

$52,500

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