Tim DraperFounder and Managing Partne, Draper Associate · I back the ideas that look crazy first

🏆 Takenos isn’t just here to compete... they’re here to win.

18 Feb 2025 · 1 min

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Takenos bootstrapped to 10,000 monthly active users and profitability in four or five months, competing in fintech without heavy funding. The founder sees 50 million regional cross-border workers as the addressable market and says 6-7% penetration would hit $1 billion in revenue.

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You've got so much competition. Why, why you? I don't fully agree. I think there is value around brands. We are the only app that today is reaching about 10K monthly active users, and we did it bootstrapping it. It's very common for the fintech industry to be very well funded. We didn't take that path. In our 4th, 5th month, we were generating profits. So why, why raise money? You got your You got it. There are about 50 million people in the region that are working, that at least once a year they're working for another country or someone in another region. We want to take like around 6-7% of that market to reach a $1 billion in revenues company. We need a little bit of boost to capture different markets, to launch new products. The community today is eager for the kind of products we are building. That's one of the key aspects of what makes Takenos Takenos.