Otmost
Cashless solution to reinvent the way businesses used to do transactions.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
N/A | - | ||
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 17 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Otmost was a financial technology entity that developed a business-to-business platform centered on a cashless transaction system.
The core of its operation was to enable businesses to monetize their unutilized or surplus capacity. Companies could sell this excess capacity, such as idle service time or unused resources, in exchange for a proprietary cryptocurrency named Mosto. This digital credit could then be used to procure any service available from other businesses within the Otmost network, creating a self-sustaining commercial ecosystem. The model aimed to help client businesses grow without the need for traditional cash transactions.
According to PitchBook, the company is now out of business as of early 2019. The firm was based in Cairo, Egypt.
Keywords: B2B trading platform, cashless transactions, cryptocurrency credit, business barter system, unused capacity monetization, digital currency, Mosto crypto, surplus capacity exchange, business services marketplace, peer-to-peer business trading, alternative finance, collaborative economy, B2B network, service exchange, digital wallet for business