FTears.com

A Revolutionary Connection For All.
  • Sector Social media, E-commerce & online marketplaces, Social entrepreneurship & Impact, Transport & automotive, Industrial internet & IoT
  • Country Senegal
  • Founding date July 2020
  • Stage Users
Ftears is a social networking with e-commerce offering more others functionalities like tracking products for delivery and rental vehicles, logistics to satisfy the clients orders, a chatting platform with banking transfer and many features that the market is asking right now.

General

Sector
Social media, E-commerce & online marketplaces, Social entrepreneurship & Impact, Transport & automotive, Industrial internet & IoT
Category
Consumer, Enterprise, Software
Product usage or interact
Desktop, Mobile/Tablet (iOS), Mobile/Tablet (Android))

Business

Target customer
Business entities, entrepreneurs, education, institutions, youth, etc.
Customer acquisition strategy
By advertising or marketing our platform and make it useful to them
Revenue model
Production model, rental model, advertising model, commission model, e-commerce model, free for service, licensing model, markup model, data sales model, transactions enabler, marketplace model, freemium model, affiliate model, subscription model.

Market info

Market size
$0
Competition
What we are building you can not find it in any other platform, that is why we consider ourselves unique.
Startup traction
Shopping: FTeSpeed with 10,000 users and all the products owned by some of them.
• 5,000 active users with $10 for shipping of products:
• 5,000 x $10 = $50,000 gains / month.
• With partnership of banks, every transaction will be a percentage owned by the company as 25% per week.
• Packages for advertising:
• My Ads with 5,000 users x $5 / 2 weeks x 2 = $50,000 gains,
• Trending Ads for 10,000 companies x $15 / month = $150,000 gains.

• For FTeChats with 50,000 users we will earn 5% of all weekly transactions per bank:
• 50,000 x $5 x 4 weeks = $10,000 gains.
• Personal account: with 50,000 users x $10 = $500,000 for rental vehicles.
• Business account: For personal businesses and companies to rent our platform for shipping and tracking products for delivery:
• Personal businesses 8,000 companies x $50 / month = $40,000,
• Big big companies 8,000 companies x $500 / month = $4,000,000 gains.
. Subscription Podcast and webinars pro with 10,000 users again of $50,000

Total early investment
$300,000
Shareholder structure
Owner type
Name
Equity
Ousmane Fall
Founder
% 100
Investment round
Angel Investment
Investment amount
$300,000
Equity on offer
% 15.0

Team

Ousmane Fall  - Senegal
Total team member
2
Comment
Last update: 02.01.2021