Equity Bank, once technically declared insolvent in 1993, now has more than 9 million customers, more than any other bank in Africa with nearly half of the bank accounts in Kenya. The company’s vision is “to be the champion of the socio-economic prosperity of the people of Africa,” with an agent-based model that has won…
DetailsBy Olivia Chow Thunes offers a global platform that provides seamless transfer of funds between payment systems in more than 100 countries and 60 currencies. The company was born last year as the cross-border payments offspring of TransferTo, which was established in 2005 beginning with a mobile top-up and rewards business that has become the…
DetailsNabil spent twelve years growing the business at Western Union between 1998 and 2004 across North America, MENA, Asia, and Europe. He also spent 4 years as President and CEO of Omnex Group, 5 years as CEO of Account Control Technology Holdings, and is now President and CEO of CieloPay. This resume has earned him…
DetailsI met Ronald Mazursky at his NYPAY event, a New York City payments and mobile commerce group hosting events for innovators and leaders since 2006. He is a founder, officer, and board member of NYPAY. The events often revolve around conversations that involve issuers, merchants, networks, FinTech startups, regulators, and others. As a result, lively…
DetailsSofia Freyder gives us her words of wisdom and joins our RemTECH judging panel again. She’s led the development of international payment products for some of the largest players in the industry, including Western Union, MasterCard, Earthport, and now, JPMorgan. Last year she spoke to us about how innovators can partner with the type of…
DetailsWhen discussing financial inclusion in Africa, it’s hard to have that conversation without including M-Pesa. The product, born in 2007, has utilized the telecommunication networks to provide a way for Kenyans, and now many other Africans, to hold and transfer funds digitally through mobile money. Today, M-Pesa transfers over a $1B each month from their…
DetailsLeaf enables users to digitally store savings, receive money from abroad, and manage from a mobile device using blockchain technology. They are the first to make such an application that can be accessed from a USSD platform, as well as a smartphone. We spoke with co-founder and CTO of Leaf, Tori Samples, today who has…
DetailsToday it is possible to order almost anything from an app. Within taps and swipes, items can be viewed from around the world, prices and features can be compared, and the chosen items delivered within a few days. The consumer is certainly in control — that is, as long as you have a digital way…
Details“Crap!” Aamer quickly covers his mouth and apologizes for swearing. My New York ears were shocked. To be sure, Aamer Abedi, Chief Marketing Officer of RemitONE is a good guy. This transfers over to his passion for remittances and the people the money impacts. This, in particular, is true for the case with money transfer…
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