Kamakara

Online cash. Transact privately online without a 3rd party.

  • Stage Product In Development
  • Industry Financial Services
  • Location Melbourne, Victoria, Australia
  • Currency AUD
  • Founded May 2017
  • Employees 1
  • Incorporation Type Not Incorporated
  • Website kamakara.com

Company Summary

Business model
Customers will purchase cash from Kamakara to use online. The cash will be redeemable. The incoming money is put into Treasury Inflation-protected securities. (Float). Over time float interest income will exceed expenses.

Product
Most online transactions banks charge 1-3%. Even 'new' payment methods like Venmo or Paypal use bank created money. Kamakara is outside banks. Bitcoin is too volatile, Kamakara will be stable.

Team

Starting a startup?

Join the world's largest startup network for guidance, tools, and fundraising opportunities.

Get Started for Free