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Visa Acquires Fundamo for Greater Foothold in Develping Market Mobile Banking

June 9, 2011 by Mobile Payment Magazine

Visa Inc. today announced that it is acquiring Fundamo, a leading platform provider of mobile financial services for mobile network operators and financial institutions in developing economies. It also announced a new, long-term commercial agreement with MonitiseĀ plc (LSE: MONI.L), a leading provider of mobile money solutions for financial institutions in more developed geographies. [Read more…]

Filed Under: News Tagged With: Fundamo, Hannes van Rensburg, Joseph W. Saunders, Monitise, Unbanked, Visa

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