Payments and Management tool for Schools
A payments and management tool for schools enabling online tuition payment for parents. We are bringing a classroom in their smartphones.
Subscription based model, approx. $0.6 per student a month and $0.5 per online fee transaction from parents.
Tuition fee payment, auto payroll disbursement, cashless canteen eliminating all paperwork and providing auto accounts reconciliation.
1) USD $500,000 monthly recurring revenue with fee transactional value. 2) 5 million students on the app. 3) 5000 schools
Debit/Credit card or IBFT for tuition payment. Automated reconciliation Payroll Distribution Advance salary Cashless canteen
Classera.com, School Stream, School way In-house IT Departments of schools are the main competitive landscape for us.
Accountant creates fee bills in one click and parents receive on Queno to pay from Debit/Credit card or IBFT.
Befektetéssel vagy anélkül — az alapítók által megadott számok.
Other than investment, we need legal expertise from your team. We have seen in KSA that a locally registered product can sell better. We need school industry connections and events sponsors to bring school owners, admins at one place like we did in Pakistan called ITCN ASIA 2020.
Their cost is too high as compared to Queno. We are headquartered in Pakistan where development cost is cheaper and we are best in services.
Our target customers are K12 schools. We charge on a subscription based model, approx. $0.6 per student a month.
Door-to-door and then shifted to online sales. To reduce our CAC, we have online signup forms for schools to engage digital presence.
Our TAM is 1,20,000 schools in GCC SAM is 40,000 schools, expected revenue of $60M per annum. Targeting Abu Dhabi, Sharjah, Riyadh, Jeddah
LinkedIn is the best tool for us to reach to school owners and principals for scheduling appointments.
