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What's New
Platforms Inc. Secures $11 Million in Funding Round Led by Run4 Capital to Drive Expansion Across Africa

Private Placement Offering
Our Private Placement Offering (PPO) is for a total of 220,000,000 Shares of Class A Common Stock of Abba Platforms Inc. starting at $3.70 USD per share, as per the U.S. Securities Act. Regulation D Rule 506(c) to raise $800 million at $3 billion USD valuation.

Solutions
Our core offerings include Africa's fastest-growing peer-to-peer mobile payment platform and digital wallet, the "Abba App" (formerly "Abba Wallet"), "Abba RailX," Africa's leading urban mass transit system designed to connect towns and cities with unmatched safety, speed, affordability, accessibility, and sustainability, and "Abbain," which leverages AI to foster trust and transparency in intra-African trade by connecting genuine sellers with authentic buyers and top-tier service providers, facilitating secure, cross-border escrow transactions, and enhancing customer retention and satisfaction across Africa. Additionally, we provide "Swyws," a premier payment gateway tailored to support Abba App. Together, these solutions aim to serve over 1 billion customers daily across Africa and beyond.

Ecosystem
Our innovative solutions aim to serve over 1 billion customers from across Africa and beyond, everyday. These core solutions, all built as part of our Abba App ecosystem, herewith summarized as;

  • Abba App (formerly "Abba Wallet") - Africa's fastest growing peer-to-peer mobile payment and digital wallet, enabling holders of verified Abba App accounts anywhere in Africa to securely make wallet-to-wallet payments for goods and services and send or receive money in real-time with each transaction can be up to 250,000 of any currency.
  • Abba RailX - Africa’s premier mobility system based on Urban.Mass Floc® Duo Rail™ technology, aiming at transporting people in different major towns and cities across Africa, faster, safer and more comfortably affordable, with Abba App as the preferred payment method for buying tickets to ride on Abba RailX.
  • Abbain - Africa's premier business intelligence system focusing on providing commercial data and insights on Africa-based companies and industries for the buyers from all over Africa and beyond to make informed decisions at the point of sale, with Abba App as the preferred payment method to shop on Abbain.
  • ekse - ekse is a premier social media platform that empowers users across Africa to share short messages, images, audio, and videos. It also allows users to send private messages, create groups, public pages, and events, as well as transfer money through Abba App.
  • Swyws - Africa's premier financial technology payment gateway, offering a suite of software and APIs specifically for Abba App to efficiently accept payments, send payouts, and enable users to seamlessly manage their money through Abba App.

Use of Funds
The purpose of our PPO is to raise the cash we need to;

  • Acquire a retail banking license to operate in Namibia, Angola and Uganda in order to best serve and scale our powerful flagship brand "Abba App", poised to serve over 400 million users across Africa and beyond within 3 years.
  • Finance the construction of "Abba RailX", an urban mass transit system poised to serve more than 7 million paying passengers daily, with Abba App to serve as the preferred payment method for buying tickets to ride on Abba RailX.
  • Acquire a brand new 30-storey office building located in Midtown Manhattan, New York City, USA to serve as the headquarters office of Abba, and lease out 28 floors of space to generate about $29+ million USD in monthly rental revenue, and
  • Integrate and deploy "Swyws" with Abba App to provide efficient payment gateway for Abba App.

Company
Founded in June 2022, Abba Platforms Inc. is incorporated and organized under the laws of the U.S. State of Delaware, and is headquartered in New York City with an administrative office based in Dubai and representative offices located in Namibia, Angola, Nigeria, Uganda, Rwanda, Burundi, Malawi, Eswatini, DRC, and other selected countries across Africa.

Private Placement Memorandum
Our Private Placement Memorandum (PPM) will be available for your download and review by December 2024.

Contact Information
For notifications and inquiries regarding these Documents, please address all notifications and inquiries to:

Investor Relations
Abba Platforms Inc.
New York City, NY 10019

Emai: send email
Website: abbaplatforms.com

FORWARD LOOKING STATEMENTS AND LEGAL DISCLAIMER

Any offering made by Abba Platforms Inc. (the “Company”) is for Accredited Investors and certain financial institutions (“Investors”) only pursuant to exemptions from registration provided by Section 4(a)(2) of the Act. Specifically, the Company will rely on Rule 506(c) of Regulation D promulgated under the Act, and exemptions available under applicable state securities laws. Persons desiring to invest in the Company’s shares of common stock will be required to make certain representations and warranties regarding their financial condition. Such representations include, but are not limited to, certification that such person is an accredited investor, as defined in Rule 501 of the Act. The Company will also request that Investors provide documentation supporting their representations regarding accredited investor status. Investors must be prepared to provide supporting documentation sufficient for the Company to reasonably believe that the Investor is an accredited investor. This may include personal financial information, such as tax returns or pay stubs and the Company takes every reasonable step to verify your accredited investor status. The Company also reserves the right to reject any subscription in whole or in part at each of our discretion.

For a limited number of accredited investors, the Abba Platforms Inc. Business Plan, official website and associated documents (“Documents”) will be made available by the Company to assist the recipients in deciding whether they wish to consider an investment in the Company. The Documents do not constitute an offer or invitation for the sale or purchase of securities. The information on this website is provided to you for informational purposes only. It should not be regarded as an offer or solicitation of an offer to buy or sell any investments or related services that may be referenced on this website.

The information in the Documents, does not purport to be comprehensive, has been provided by the Company and has not been independently verified. While this information has been prepared in good faith, no representation or warranty, express or implied, is or will be made and no responsibility or liability is or will be accepted by the Company, or by any of their respective officers, employees or agents in relation to the accuracy or completeness of the Documents or any other written or oral information made available to any interested party or its advisers and any such liability is expressly disclaimed. In particular, but without prejudice to the generality of the foregoing, no representation or warranty is given as to the achievement or reasonableness of any future projections, management estimates, prospects or returns contained in the Documents or in such other written or oral information.

The Documents also rely on and reference information regarding the markets in which the Company intends to operate and compete. This information has been obtained from various third-party sources, including providers of industry data, discussions with contacts and the Company’s own estimates. Whilst the Company believes that industry publications, surveys and forecasts are reliable, they have not been independently verified, and no representation or warranty is made as to the accuracy or completeness of such information in the Documents. Additionally, industry publications, surveys and forecasts generally state that the information contained therein has been obtained from sources believed to be reliable, but that the accuracy and completeness of such information is not guaranteed and in some instances state that they do not assume liability for such information. The Company cannot assure you of the accuracy and completeness of such information as such information has not been independently verified. In addition, in many cases, statements in the Documents are made regarding the markets and intended position in the markets of the Company based solely on the Company’s experience, views, and its own investigation of market conditions. No assurance is given that any of these assumptions are accurate or correctly reflect what the Company’s position in the industry will be, and none of such internal surveys or information has been verified by any independent sources. No representation or warranty is made as to the accuracy or completeness of this information.

Any prospective purchaser of shares in the Company shall be required to acknowledge in the sale and purchase agreement for shares in the Company that it has not relied on or been induced to enter into such an agreement by any representation or warranty, save as expressly set out in such agreement. The Documents will be delivered to selected parties for information only and on the express understanding that they shall use it only for the purpose set out above. The Company gives no undertaking to provide the recipient with access to any additional information or to update or provide any additional information, or to correct any inaccuracies in it which may become apparent, and it reserves the right, without giving reasons, at any time and in any respect, to amend or terminate the procedure for the sale of the Company’s shares or to terminate negotiations with any prospective purchaser.

The availability of the Documents shall not be deemed to be any form of commitment on the part of the Company to proceed with any transaction.

The information contained in the Documents is confidential and the property of the Company, which reserves the right to require the return of the Documents (together with any copies or extracts thereof) at any time. By acceptance hereof, you agree that neither you nor any of your agents, representatives, directors or employees will copy, reproduce or distribute to others these Documents, in whole or in part, at any time without the prior written consent of the Company and the Documents and any further confidential information made available to you will be held in complete confidence.

Any recipient of the Documents in jurisdictions outside the US should inform themselves about and observe any applicable legal requirements. The Documents do not constitute an offer to sell or an invitation to purchase securities in the Company in any jurisdiction.

Prospective investors should not view the contents of the Documents as legal, tax or investment advice. Each investor, and in particular investors without professional experience of investing in public companies, should consult his or her own lawyer, accountant or financial advisor as to legal, tax and related matters concerning an investment in the Company. The Documents shall not exclude any liability for, or remedy in respect of, fraudulent misrepresentation. By accepting these Documents, the recipient agrees to be bound by the foregoing limitations.

Reference is hereby made to following SEC link which serves to explain that under the Securities Act of 1933, a company that offers or sells its securities must register the securities with the SEC or find an exemption from the registration requirements. The Act provides companies with a number of exemptions. For some of the exemptions, such as rules 505 and 506 of Regulation D, a company may sell its securities to what are known as "accredited investors". Under the Securities Act of 1933, a company that offers or sells its securities must register the securities with the SEC or find an exemption from the registration requirements. The Act provides companies with a number of exemptions. For some of the exemptions, such as rules 505 and 506 of Regulation D, a company may sell its securities to what are known as “accredited investors.” To learn more and to find out if you qualify as an Accredited Investor, click here: https://www.sec.gov/files/review-definition-of-accredited-investor-12-18-2015.pdf

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