Aloha is a barrier-free WiFi hotspot and data-sharing platform. The company estimates that 3.5 billion smartphone users worldwide pay to access the web with many unable to access the internet daily due to technical or financial constraints. Conversely, 67% of smartphone users do not consume all of their mobile phone data available to them each month. Aloha aims to change this scenario. It enables users to get paid for sharing unused data and be rewarded with 'Aloha Tokens' that can be exchanged for cash, bitcoins and exclusive offers from Aloha's partner companies. Business users and advertisers can use the advertising tools in the Aloha application and broadcast offers and promotions directly to a targeted audience within the Aloha community. The company will use 20% of the investment to list the Aloha Token with one or more key Crypto exchange platforms, 15% to expand the application development team, 17% to complete development of the Aloha Marketplace, 20% for marketing and PR, 16% for running monthly costs, 3% for Aloha app upgradation, and 10% as contingency funds.
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Aloha Open WiFi Rating Review
Pitch rating powered by CROWDRATING™
Rated on 16/10/2020
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£7,314,213
pre-money valuation
3.94%
equity available
209
investors
£1,472
pledge per investor
11728717
company number
Active
company status
14/12/2018
incorporated 5 years
Previous Funding rounds
25 Apr 24 | Seedrs | £307,707 / 103% | 76.00% |
Officers
Norman Alec Charles LOTT
Appointed: 03-06-2019
Norman Alec Charles LOTT
Appointed: 24-10-2018
Norman Alec Charles LOTT
Appointed: 05-07-2018
Norman Alec Charles LOTT
Appointed: 16-11-2017
Norman Alec Charles LOTT
Appointed: 28-04-2016
Norman Alec Charles LOTT
Appointed: 18-04-2016
Norman Alec Charles LOTT
Appointed: 17-09-2015
Norman Alec Charles LOTT
Appointed: 17-08-2015
Norman Alec Charles LOTT
Appointed: 01-01-2012
Norman Alec Charles LOTT
Appointed: 11-11-2011
Norman Alec Charles LOTT
Appointed: 10-01-2011
Norman Alec Charles LOTT
Appointed: 15-11-2010
Norman Alec Charles LOTT
Appointed: 20-07-2009
Norman Alec Charles LOTT
Appointed: 05-01-2007
Norman Alec Charles LOTT
Appointed: 14-02-2006
Norman Alec Charles LOTT
Appointed: 14-02-2006
Norman Alec Charles LOTT
Appointed: 06-03-2001
Norman Alec Charles LOTT
Appointed: 06-03-2001
Norman Alec Charles LOTT
Appointed: 09-03-1998
Norman Alec Charles LOTT
Appointed: 09-03-1998
News
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What the ratings mean
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