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  • Christine Nekoye

MDUNDO LISTING AT NASDAQ FIRST NORTH TO RAISE CAPITAL FOR FUTURE GROWTH

Mdundo aims to be the primary pan-African music platform by contributing structure, legality, and income to the sector. We seek to create a transparent service that not only supports and promotes the local music industry but also connects the industry with millions of music lovers worldwide and in-so-doing brings value back to the industry. Throughout our journey, we have had the support and backing of our various stakeholders including our musician, users, the wider music industry, our clients, and investors. We thank you.


It is from this point of gratitude that we inform you that on 4th September 2020, Mdundo.com started trading on the Nasdaq First North stock exchange in Copenhagen. The objective of the listing was to raise further capital for the future growth of Mdundo.


“Mdundo currently has five million monthly users, but our potential is more than 30 times greater. With a steep growth curve and a very scalable solution, we plan to invest further in user growth to increase our market coverage to the whole of sub-Saharan Africa, so that within approximately three years we will have well established Mdundo as the leading pan-African music service for consumers and musicians.” Martin Nielsen, CEO, Mdundo.com




Mdundo is therefore now a publicly-traded company, as a result, thereof we are obligated to share accurate information with the public. You can find more information about the company and keep yourself up to date here; www.mdundoforinvestors.com.

“For the music team, we are even more excited and dedicated to our continued goal of building a transparent service that the African musician can trust. A service supports and recognizes the musicians on the platform and in so doing building the best African catalogue for our users.” Wanjiku Koinange, COO & Head of Music, Mdundo.com


For any questions, reach us on artist@mdundo.com

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