4
Votes
M-banco
Business Overview:
Wireless/Mobile in mobile money - voice Sector
Located in New York, US East
CEO is Randolph M Kantorowicz-Toro
Almost Break Even with $1-5 MM in Revenues
Offering In Development, 26-50 Employees
Pitch:
OVERVIEW: An innovative financial service/solution for the mobile telephone users that enables to transfer money national and internationally with a very low cost. It is aimed for the unbanked ,underbanked population. 1.US 90 mm unbanked / underbanken people (FDIC September 2012) 2. 56MM Latino emigrants living in US that sends $60 BB year to their home country.(IDB 2011) Success story, we own with exclusivity the Mobile Money platform (Second Generation) deployed in Kenya ( M-Pesa) that has 15 MM users and "move" 31% of the GDP (2011) Proof of concept is deployed successfully in one Latin country, next step being develop to launch product in USA. .Community:
Feedback: Members Only - Sign-up
Feedback: Members Only - Sign-up
All content provided is for informational purposes only.
This is not an offer to sell securities nor a solicitation of an offer to buy
any securities in the United States of America or any other jurisdiction
where their offer or sale is not permitted.
This is not an offer to sell securities nor a solicitation of an offer to buy
any securities in the United States of America or any other jurisdiction
where their offer or sale is not permitted.