For Entrepreneurs (Business Owners)
To list your business and raise funds through micro-investments, you’ll need:
- Basic Business Info: Business name, description, and location
- Type of product/service offered
- Target funding amount and share price (e.g., R1 per share)
- Proof of Legitimacy: Company registration number or sole proprietor ID
- Valid South African ID
- Bank account details for payouts
- Pitch Materials: A short business pitch (text or video)
- Product photos or mockups
- Optional: Business plan or financial projections
- Commitment to Transparency:• Willingness to share updates with investors
- Clear use-of-funds breakdown
- Agreement to platform terms and investor protection policies
For Investors (Community Members)
To start investing in local businesses, you’ll need:
- Basic Registration: Name, email, and mobile number
- South African ID or passport (for verification)
- Digital Wallet Setup: Link to a bank account or mobile wallet
- Minimum deposit (as low as R10 to start)
- Agreement to Terms: Accept platform rules and risk disclosures
- Understand that micro-investments carry financial risk
Platform Requirements (For All Users)
- Internet Access: Mobile-friendly site, accessible via phone or desktop
- Respectful Engagement: No hate speech, scams, or misleading claims
- Community Focus: Businesses must be locally rooted or community-serving