Social marketplace Mobofree has announced plans to have local presence in Lagos, Nigeria. Out of the platform’s 3 million users, 2.2 million are in Nigeria. Having a local presence in Nigeria according to Cristobal Alonso, Co-founder and Chairman of the board of MoboFree, would enable MoboFree to offer its users on-ground support services. “We are
Bharti Airtel announced plans to launch a cross border money transfer product in East Africa that will enable Airtel Money customers to send, receive and withdraw money from their Airtel Money wallets. The pilot phase will kick off on November 1st, 2014 with the first phase targeting – Kenya, Uganda, Tanzania and Rwanda. This follows
Cuscal Limited, one of Australia’s leading providers of end-to-end payments, has announced plans to acquire Strategic Payments Services Pty Ltd, subject to shareholder approval. If the transaction is approved it will cement Cuscal’s unique market position as the only independent ADI licensed wholesale payments company to deliver banking capabilities and payments solutions across the entire
VeriFone Systems, Inc.,announced plans to expand its taxi and media services to Istanbul and throughout Mexico’s Mayan Riviera. Through this expansion, VeriFone stands to provide more than 20,000 additional taxis with secure, in-taxi and mobile payments, mobile hailing and booking, and interactive multimedia content during passenger rides. “This planned expansion can benefit taxi fleets and
