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DMCE Secures Every African Artiste’s Future With New Product

DMCE Secures Every African Artiste’s Future With New Product

In partnership with chordCash, Digital Music Commerce and Exchange Limited (DMCE)
announces the launch of a new product— Orin Fund.

Orin Fund is an e-commerce marketplace holding  various forms of financial products for
artistes across Africa. Its first product which has the name of the fund itself is in partnership
with chordCash, an American company which provides a patented technology to help
artistes get advances on their streaming royalties.

In three simple steps, any African artiste can acquire the funds they need for their project
between 7-14 days. Within the next few months, Orin Fund is expanding its products to have
other financial solutions to develop artistes/ labels in Africa without excluding labels/artist exit
or raise funds from private investors both locally and internationally.

This innovation by DMCE aims to give artistes control over their intellectual property while
still providing the funds they need to stay afloat and succeed in the emerging market where
funding is a huge challenge.

[President Digital Music Commerce and Exchange Limited – Oyinkansola Foza Fawehinmi.

With the accelerated popularity of African music globally, it is important that we develop our
structures locally to support the global expansion of our artistes. In a continent of
1.4billion+ people with 70% of its demography under 30, intellectual property is the next
gold mine of the continent with music as one of its forerunners, it is important to create a
decentralized marketplace for access to funds at whatever career level for an African artiste.
I am excited to be working with several partners in creating unique financial solutions for
each market. Chordcash has taken an early bet in the market and I am certain of its success.

Founded in 2018, Digital Music Commerce and Exchange Limited (“DMCE”) is an African
foused company that is set to redefine the intellectual property valuation, collateralization
and general monetization of the African music space. They are currently established in
Ghana, Tanzania, and the USA with Nigeria as the headquarters. Through Intellectual
Property valuation, protection, management, administration – and now funding, it gives
every artist the means to thrive and own their craft. Via Orinfund, DMCE extends this service
to artists in all African countries with access to both local and international funding.

Chief Operating Officer Digital Music Commerce and Exchange Limited Olayinka Ezekiel
At DMCE, our mission is to place African creators at the center of the entertainment value
chain.
Orin Fund is bolstered by a team with extensive finance, entertainment and media
experience. Our new product approach leverages global best practice but is adapted to fit the
African context and opportunity

Eric Palumbo, Head of Partner Activation & amp Growth Marketing at chordCash,
& quot chordCash is honored to become DMCE & #39’s chosen partner to join their mission in
empowering artists across Africa through Orin Fund. Independent African musicians will
have access to funding that helps expand their global reach without having to sacrifice
ownership of their music or control of their careers. Our data driven funding model
combined with DMCE & #39’s expertise in intellectual property will make Orin Fund a powerful
new resource available to artists looking to take the next steps in their career growth & quot.