In case you missed it I recently wrote an article for Mobile Money and Banking about two lesser known yet formidable mobile banking vendors: M-Com and SRM Technologies.Today, I would like to add Fundamo to that list. I had run across Fundamo in my research, but over the weekend I read the article Dates in the Desert by Chimwemwe Mwanza of Finweek. The article explains that, "the largely untapped Middle East is fast becoming the preferred destination of vendors...South African technology group Fundamo - part-owned by VenFin and Sanlam, and most recently in the news after it received a R36m cash boost from HBD, the venture capital group owned by billionaire Afronaut Mark Shuttleworth - has set up base in that region to tap in on the m-commerce uptake."
To learn more about the Fundamo product visit MTN Mobile Money.
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