1. Executive Summary
Business Name: 70SEATER
Industry: Transport Technology / Bus Ticketing
Location: Cameroon-first, Central Africa expansion potential
Funding Request: [Insert amount]
Use of Funds:
- Finalize Mesomb payment integration and fallback payments setup
- Launch agency onboarding program
- Build out mobile booking and parcel logistics features
- Strengthen backend infrastructure and analytics
2. Opportunity Overview
Problem: Traditional bus operators lack modern ticketing, seat inventory, and payment automation.
Solution: 70SEATER digitizes bus bookings, agency settlements, and passenger check-in across web and mobile platforms.
Why now: Mobile money adoption is rising rapidly in Cameroon and the wider region, creating a strong payment-enabled transportation opportunity.
3. Product Highlights
- Real-time seat selection and booking
- QR-coded ticket issuance
- Agency and counter staff dashboards
- Parcel delivery tracking and logistics settlement
- Payment routing with Mesomb primary and Fapshi fallback
4. Market & Customers
Target customers:
- Bus operators and fleet agencies
- City route ticket counters
- Urban and intercity travelers
Go-to-market channels:
- Direct agency sales
- Local transport partnerships
- Social media and mobile marketing
- Referral incentives for agents and drivers
5. Financial Projections
Projected revenue streams:
- Ticket commission fees
- Transaction fees
- Logistics service fees
- Agency SaaS subscriptions
Key assumptions:
- X average tickets per route per day
- Y commission per ticket
- Z active agency partners after 12 months
6. Investment Structure
Proposed funding: [USD amount]
Equity offered: [X%]
Use of funds:
- Product and engineering: [X%]
- Business development and operations: [Y%]
- Marketing and agency onboarding: [Z%]
- Infrastructure and support: [A%]
7. Milestones & Timeline
Next 6 months
- Complete Mesomb payments integration
- Onboard first 10 agency partners
- Launch web/mobile booking MVP
- Start pilot revenue operations
Next 12 months
- Scale to 50+ agencies
- Expand routes across additional regions
- Launch parcel logistics revenue stream
- Reach break-even or positive gross margin
8. Team & Execution
Founders/Operators: [List key team members]
Key capabilities:
- Product development
- Transport operations
- Payments and compliance
- Business development
9. Risk Mitigation
- Primary and fallback payment providers
- Compliance-first agent onboarding
- Stepwise expansion from Cameroon to neighboring markets
- Early focus on stable, high-demand routes
10. Appendix
Supporting attachments:
- Product demo link
- MVP roadmap
- Current financial forecast
- Tech architecture overview