Huzwa Platform

Securing Business Transactions in Rwanda and Beyond

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Interested in Investing

This company may be interested in receiving investment for this project. If you are interested, please contact the Netkigali team for more information.

Problem

Business transactions between companies, individuals, and other parties often lack trust and transparency. This leads to cases of fraud, unpaid transactions, and disputes, especially in situations involving cross-border transactions.

 

Solution

HUZWA Platform offers a secure escrow service that acts as a trusted intermediary for any transaction—whether between businesses, individuals, or other entities. Parties enter into a clear, binding contract, and HUZWA holds the funds until all agreed-upon conditions are fulfilled, ensuring that both local and international transactions are protected.

 

Market Opportunity

With the growth of e-commerce and business transactions in Rwanda, both domestically and internationally, there’s a pressing need for a platform that ensures trust and security in any kind of deal—whether between two companies or between individuals. HUZWA addresses this need for a wide range of users.

 

How it Works

HUZWA allows businesses, individuals, and anyone looking to engage in a deal to securely initiate transactions. The platform requires the parties to establish a clear contract outlining the terms. The funds are held securely until the conditions are met, whether it’s a local transaction between Rwandans or one involving international partners.

 

Unique Insight

HUZWA is designed specifically for the Rwandan market, with the flexibility to handle various types of transactions—from business-to-business to individual deals, or even between individuals and businesses. The platform provides a tailored solution that combines local knowledge with the ability to manage cross-border deals.

 

 

Go-To-Market

Our initial focus is the Rwandan market, targeting local businesses, individuals, and those trading with international partners. We will drive adoption through partnerships with SMEs and leverage connections within the Rwandan diaspora to promote the platform both locally and abroad.

Competition

While services like Escrow.com exist, HUZWA is specifically built to address the needs of the Rwandan market, accommodating not only business transactions but also deals between individuals. Our deep understanding of the local context and flexibility in handling both local and international deals set us apart.

The Team

Our team consists of Rwandan professionals with expertise in finance, technology, and business, who have a deep understanding of both the local market and the challenges involved in international trade and personal transactions.

Traction

HUZWA is currently in development and has established promising partnerships with Rwandan SMEs. We are also working with the Rwandan diaspora, ensuring early adoption of the platform for local and international deals upon launch.