An Ottawa fintech firm that provides mobile financial services to “unbanked” customers in Africa, Asia and the Middle East says it’s poised to make a major push into the Latin American and Caribbean markets under the leadership of a new CEO.
Telepin Software’s secure digital wallets allow users to transfer money, buy merchandise and pay bills even if they don’t have a bank account. The company says more than 256 million customers use the platform, which is deployed at more than one million merchants.
Founded in 2006, Telepin is already a major player in Africa and Asia, where mobile phone penetration rates are often well above 100 per cent while many financial transactions are still carried out in cash. In 2017, the firm was acquired by Toronto-based Constellation Software, a publicly traded company with annual revenues of more than $3 billion.
An Ottawa fintech firm that provides mobile financial services to “unbanked” customers in Africa, Asia and the Middle East says it’s poised to make a major push into the Latin American and Caribbean markets under the leadership of a new CEO.
Telepin Software’s secure digital wallets allow users to transfer money, buy merchandise and pay bills even if they don’t have a bank account. The company says more than 256 million customers use the platform, which is deployed at more than one million merchants.
Founded in 2006, Telepin is already a major player in Africa and Asia, where mobile phone penetration rates are often well above 100 per cent while many financial transactions are still carried out in cash. In 2017, the firm was acquired by Toronto-based Constellation Software, a publicly traded company with annual revenues of more than $3 billion.