Yamuntu receives seven-figure financing
Influencers and consumers can earn money via the app. Now the Hamburg-based start-up itself is receiving money from investors.
The start-up Yamuntu has raised a seven-figure financing round. The backers include Hamburg-based Next Commerce Accelerators, as well as business angels Rolf Schrömgens (Trivago founder), Philipp Frenkel (Mister Spex founder), Robert Kabs, CEO of Moebel.de, Tim Ringel, Global CEO of Spring Studios, Yang Zhou, founder of Freachly, Gregor Ellegast, partner at Follow the Rabbit Ventures and FX Ventures founder Felix Brosius.
Yamuntu offers an app in which influencers and consumers can store in partner stores, advertise the products they buy in their Instagram story and earn money. Users and influencers earn up to 30 euros per advertised product. The founder is Woundioun Sissoko, who founded the start-up two years ago at the age of 19. "My goal is to establish Yamuntu as the shopping standard and to be able to work on it for the next 50 years," says Sissoko. Last year, Oliver Krause and Martin Westphal joined the team. The team now consists of 15 people.
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