PitchIt Podcast #55: Hany Fam of Markaaz
On episode 55 I talk with Hany Fam of Markaaz. This episode was recorded at Fintech Nexus USA 2022, which took place in NYC on May 25 – 26.
Markaaz is building the definitive and trusted place for all businesses to connect, small and big, powered by its world’s first pre-verified directory of over 100 million businesses.
Covid reminded us how work is still needed to help companies of all sizes. From 1-2 person shops to large corporates, all of these companies have very different needs.
Markaaz helps connect companies to an all-in-one Dashboard with insights and notifications. Companies are pre-scanned, and all the bad actors have been removed.
Hany and I discuss his road to creating Markaaz, the origins of the word Markaaz, the unique problems facing small businesses, the accelerant Covid provided to digital transformation, raising capital, and much more.
I hope you all enjoy the show and be prepared to learn:
- Hany’s journey to Markaaz
- The meaning of the word Markaaz
- Why SMBs are the focus for Markaaz
- The importance of data
- How Markaaz amassed so much data and how they keep it up to date
- Biggest pain points facing SMBs
- How Covid helped accelerate SMB trends
- Why founders need to be all in when building a company
- Lessons learned since launching Markaaz
- Building with a great team
- Raising capital
- And much more…
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