KAASCAN
EDTECH • FINTECH • RWANDA
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
Dieudonne DUFITIMANA
CEO • Vision, Business Strategy & Leadership
INEZA Fraterne Ely HOZANA
INEZA Fraterne Ely HOZANA
CFO • Product, Finance & Partnerships
Emmanuel TUYISHIMIRE
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