Kaascan transforms student ID cards into secure digital wallets, enabling 218,000+ Rwandan boarding students to receive and spend money instantly — without phones. We're building Africa's first phone-free payment infrastructure for education.
Problem
- 218K+ boarding students in Rwanda cannot use phones or banking tools
- 2-5 days to receive money through staff intermediaries
- Cash is unsafe — easily lost or stolen on campus
- Students risk suspension by sneaking phones to access money
Solution
- Smart Student Cards: Digital wallets with PIN & QR codes
- In-house Terminals: Balance checkers & payment receivers we manufacture
- Parent App: Instant transfers with real-time tracking
- Vendor Integration: QR scanning for external payments
Market & Traction
218K+
Boarding Students (Rwanda)
$2.5M
Rwanda TAM
255
Students Onboarded
$525
Initial Revenue from MVP testing
Business Model
Card Fee: 3,000 RWF (~$2.10) per student (one-time)
Transaction Fee: 2% on all payments
Projection: 15 schools × 12K students = $30K ARR in 7 months year
Key Milestones
- Ministry of Education engaged — audit pending for nationwide rollout
- Top 45 startup at Hanga PitchFest 2025
- Terminals in manufacturing (funding-dependent)
- First-mover: No competitors in phone-free student payments
Competitive Advantages
First-Mover
Only phone-free student wallet in Africa
Manufacturing
Own hardware = defensible moat
Government Path
Ministry partnership for scale
High Switching Cost
Deep school integration
Team
Dieudonne DUFITIMANA
CEO • Vision, Business Strategy & Leadership
INEZA Fraterne Ely HOZANA
CFO • Product, Finance & Partnerships
Emmanuel TUYISHIMIRE
CTO • Technical Architecture & Platform Security
The Ask: $45,000 for 15% Equity
Use of Funds:
- Manufacturing & Distribution (40%)
- Technology & Compliance (25%)
- Marketing & Partnerships (20%)
- Team & Operations (15%)
This Unlocks:
- 30 schools onboarded
- 24,000 students activated
- $60K ARR in 7 months
- Seed readiness
Exit for Investors:
- Next seed round planned within 12-24 months, expected to issue additional 10% equity
- Seed investors may purchase shares from early investors, facilitating partial exit
- Remaining equity expected to appreciate with company growth towards Series A