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The minimum investment is R1000 and investors receive quarterly reports to track the performance of their investments. Other than transaction fees, investors pay no fees.The listing fee is R120,000, but as a launch special, GoGetta is waiving listing fees for businesses who list before 16 September.Only African businesses can list on the platform, but investors can be located anywhere in the world.Businesses interested in applying must satisfy a due diligence process carried out by GoGetta’s experienced investment committee before the conclusion of a services and fundraising agreement.To qualify for the platform, businesses need to submit audited financial statements, year to date management accounts, three-year financial forecasts and a detailed business plan on the GoGetta website.Qualifying businesses include those within the following sectors: fintech, agriculture, consumer, energy, enterprise, healthcare, retail and more. Africa’s go getters will also benefit from guidance in formalizing their businesses with a smarter way to access capital to fund growth while retaining control,” said GoGetta co-founder and CEO Jeff Miller. “GoGetta is regulated by the Financial Sector Conduct Authority (FSCA), giving investors confidence in our top-notch compliance and governance capability. Listed businesses have the opportunity to raise investment between R1.5 million and R10 million in exchange for stakes in the company. GoGetta is looking for businesses within various sectors to list on the platform. “Africa is an exciting growth story for investors and our platform showcases some of the best investment opportunities from across the continent,” Zwane adds. GoGetta is a solution to these funding issues and unlocks the potential of Africa’s entrepreneurs,” said co-founder of GoGetta Sthembiso Zwane. Crowdfunding is a billion-dollar global industry and it’s time for Africa to weigh in. “Quality African businesses are struggling to raise capital using traditional financiers such as banks. The other, is an easy but secure way for investors to put money into these types of ventures. The one, is setting up a way for up & coming businesses to access capital. The platform seeks to solve two investment problems. The platform, powered by Grovest, an administrator in the small cap investment space, allows local and international venture capital investors to invest from as little as R1,000 into emerging African businesses.
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Interested investors can be based anywhere in the world and will need to invest a minimum of R1,000 or more.Īfrican businesses that seek to grow but are struggling to get funding can secure investment between R1.5 million and R10 million on crowd funding platform GoGetta, in exchange for stakes in the business.Qualifying businesses are those that are African and operate in sectors within fintech, agriculture, consumer, energy, enterprise, healthcare, retail and more.African businesses can raise up to R10 million in capital on crowd funding platform GoGetta in exchange for shares.