FORUS has created a fund for the prudential requirements of the country franchise licences being rolled out. FORUS will be raising $30M for this fund to create in country deposits for the first five country platforms.
The Prudential Capital fund earns 5% of the revenue generated on the platform in each territory, and this is forecast to generate a discounted cash flow of $171M in the first 5 years based on user volumes of 90M.
