Moreta Analysis: $500K Raised
What is Moreta?
Moreta offers a platform for local QR payments, facilitating cashless transactions for travelers and expats across Southeast Asia.
Founded
2024
Revenue
$0-5M
Company Stage
Pre-Seed
Investors
- Tekedia Capital
YC Batch
S24
Product Features & Capabilities
- Local QR payments, QR scan payments, travel budgeting, currency exchange, securely link bank accounts
How much Moreta raised
Pre Seed - $500,000
September 25, 2024Lead Investor: Y Combinator
Who are the founders of Moreta
WM
Walid Mah'd
Co-Founder & CEO
SY
Sam Yu
Co-Founder & CTO
Company Pricing
- Platform Fee: 3%
- Credit Card Total Cost: 40 USD (includes merchant surcharge fee of 3% and foreign exchange fee of 1%)
- Cash Withdrawal Total Cost: 46.38 USD (assumes four withdrawals for 1,000 USD)
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